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Licensed Preschool with Available Real Estate

Massachusetts : Childcare/play centers
Listing #3001-7400

Offering an extremely well-managed child care center with the real estate. (Real estate is offered at $550,000; was appraised in 2007 at $900,000). Licensed for 77 infants through pre-K, the business features pristine classrooms and 2 fully equipped outdoor playgrounds. Turnover has been low despite the recent recession as the business is situated within an affluent subdivision and is a convenient option for parents. Stable staff includes 12 employees and a capable assistant manager. Historical financial statements attest to the stability of this business; but there is plenty of future upside and growth available for an enthusiastic new owner! The real estate offers a terrific investment opportunity as it includes additional rental income with space for more!

Asking Price:

$190,000

Gross Income:

$427,392

(last 12 months)
Cash Flow:

$96,611

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 1989 Business is Closed: No
Seller Financing Available: Yes Owner Operated: No
FF&E included: Yes Home-based: No
FF&E Value: $25,000 Training provided Yes
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $550,000 Full Time Employees: 8
Real Estate Square Footage: 0 Part Time Employees: 5

Offering an extremely well-managed child care center with the real estate. (Real estate is offered at $550,000; was appraised in 2007 at $900,000). Licensed for 77 infants through pre-K, the business features pristine classrooms and 2 fully equipped outdoor playgrounds. Turnover has been low despite the recent recession as the business is situated within an affluent subdivision and is a convenient option for parents. Stable staff includes 12 employees and a capable assistant manager. Historical financial statements attest to the stability of this business; but there is plenty of future upside and growth available for an enthusiastic new owner! The real estate offers a terrific investment opportunity as it includes additional rental income with space for more!


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