NW Childcare 145+ Kids 8,300SF Facility
Location: Washington
Industry: Educational > Day Care Centers
Financials
Asking Price: $795,000
Gross Revenue: $831,540
Cash Flow: $182,616
Seller Financing: Possible seller carry up to 10%, oac.
Business Summary
Beautiful, spacious center with plenty of natural light. Prominent location in the city; easy access to/from via major arterial. Capacity for 155 Children, Currently Licensed for 149; 42 toddler, 80 pre-school, 27 school age. Hours: Mon-Fri 6:30AM – 6:00PM. Great reputation, heavy emphasis on education/curriculum, many referrals from governing agency. 14 Funded Headstart slots. USDA Food Program. WA State Wage Ladder. Facility: Specifically Designed for Childcare, Built in 1998: 7,600 SF Main Floor: 7 Classrooms, 5 Children Restrooms, two management offices plus large kitchen. Upstairs: 704 SF Staff Breakroom, Staff Restroom, Administrative Office, and Storeroom. 12,780 SF Fenced Yard; 2 playgrounds. Special Features: Central Vacuum System, Air Conditioned, Fire Detection System. Parking: On-site 39 stalls. Additonal on-street parking. 2008 Proforma Gross Revenue: $831,540 2008 Proforma Net Profit: $182,616 Offering: Business Only; Includes Trade Name, Furniture/Equipment, Website. Facility Lease; Will Go 10 Years. $7,000/month NNN with 3% per year escalator. Current annual RE property tax is $10, 235. Selling Price: $795,000 Terms: Possible 10% seller carry, negotiable interest and payout, oac.
About the Business
Year Established: 1998
Employees: 20 full time - 12 part time
Facilities: Class A Property - Built 1998.
About the Sale
Reason For Selling: Semi-Retirement

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Listing Tools
BizQuest ID:896683
Seller ID:BA-8080
Business Listed By
Name:Brian M. Wilson, CBI
Company:BANBURY, INC.
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