Location: Central MN
Industry: Day Care and Children Centers
Listing ID: 1234567
Listing Status: New
Beautiful and remodeled preschool and childcare business with real estate available for immediate sale. This well-established business in the community has been owned and operated since 2015. They have a long-standing reputation for maintaining the highest standards in early childhood education while consistently seeing growth throughout the years.
High-demand Preschool with excellent reputation!
• 72 children (licensed for 85)
• 13 employees, very low turnover in critical positions
• High demand with a waiting list
• Room to raise prices compared to competition
• Zoned Commercial
• Very large outdoor playground
• Total Acres 0.7
• 5-star Google Reviews, website, marketing, recruiting, and business software included
Industry Forecast Sales for the US childcare centers are forecast to grow at a 6.45% compounded annual rate from 2021 to 2026, faster than the growth of the overall economy.
Last Update: August 2022 Source: Vertical IQ
Steady Growth for Key Demographic
The population of children aged 5 and under is projected to grow at a steady rate for the next decade driving increased demand for preschool and childcare services. High quality, affordable early education services are critical for dual-income families and single parents. Almost two thirds of mothers with children under age 6 are in the workforce. The need for preschool and childcare has been steady or increased as being ready for kindergarten is seen as critical and not optional.
High-Quality early education is a hallmark of this business offering.
Growth in per capita disposable income is expected to benefit the industry as preschool services are likely to remain in high demand. The state regulations have defined preschool and childcare as a critical service industry to the economy. The school did not need to shut down during the pandemic. Its client base is dual-income families and single mothers who must work, many in critical services as defined by the state. Clients stay with the school for years (often for 5 years) to the extent it is possible based on their situation.
Down Payment: N/A
Total Sales: $720,000
Cash Flow: $330,000
Accounts Receivable: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Real Estate Included: Yes
Monthly Rent: N/A