Well Established Preschool and Child Care Center with Real Estate

Well Established Preschool and Child Care Center with Real Estate

Price: $950,000

Location: part of MN 7 Metro Counties

Industry: Day Care and Children Centers

Listing ID: 15232396-SC

Listing Status: New

Description

OFFERING
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 2006. They have a long-standing reputation for maintaining the highest standards in early childhood education while consistently seeing growth throughout the years.

BUSINESS DESCRIPTION
* High-demand Preschool with excellent reputation!
* Great Location (part of MN 7 Metro Counties)
* Real Property Included (More than 5,000 Sq Ft)
* Very large outdoor playground
* Total Acres 0.63
* 56 children (licensed for 68)
* 12 employees, very low turnover in critical positions
* High demand with a waiting list
* Room to raise prices compared to competition
* 5-star Google Reviews
* Website, marketing, recruiting, and business software included

INDUSTRY & COMPANY TRENDS
* 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 (1).

* 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 increasing 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 child care as a critical service. 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. As a first-tier suburban city of St. Paul, is a very attractive location for raising families and a magnet for government jobs.
(1) Vertical IQ

Real Property and Business Assets offered at $950,000
The owner is willing to finance up to 10% of the down payment to a qualified buyer.

Contact Sean Carey, Broker at Sean@vrtwincities.com P:612-816-2187 or
Young Bebus, Principal Broker at YoungB@vrtwincities.com P: 651-330-1767
www.vrtwincities.com

LISTING DETAILS

Down Payment: N/A

Total Sales: $706,040

Cash Flow: $154,705

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 2006

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: part of MN 7 Metro Counties

Franchise: No

Summary

Reason For Sale:

Retirement

Financing/Terms:

The owner is willing to finance up to 10% of the down payment to a qualified buyer.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER
There is no associated broker for this Listing.