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If
you are interested in reviewing any of the below businesses for a
potential acquisition, you will need to sign a confidentiality
agreement and provide information on your financial capacity to
buy the business. Your financial capacity could be
demonstrated by (1) Personal Financial Statement or
(2) a letter from your CPA or Banker indicating your financial
capacity. See the bottom of this page for forms that can be
downloaded.
Christian Childcare
& Elementary School, S. Metro Atlanta
Georgia
Financials
Asking:
$2,090,000 (Some seller financing provided)
Gross:
$881,000
Cash Flow:
$313,000
FF&E:
$115,000 (included in the asking price)
Real Estate:
$1,500,000 (included in the asking price)
Business
Summary
This Christian based
daycare center provides childcare and multi-age elementary education
up through the 6th grade. The Center has private 4 year old Pre-K
and does not offer the Georgia Pre-K. The school has been very
successful but increased monthly revenue an additional $5k this year
by adding the food program. The licensed capacity is 173 full-day
children plus additional after-school children. Their current
enrollment is 112 full-day children and 62 after-school children.
Year
Established:
1983
Employees:
23
Facilities: The facilities include both
renovated and new buildings of about 9,978 square feet on 2.5 acres.
The highly visible Center is located near an elementary school with
easy access and parking on a busy road. The Center has twelve
classrooms. Three vans are also included.
Competition: This school's rates are
competitive to nearby non-franchised competitors and below the
franchised competitors.
Growth/Expansion: The Center has the
architectural designs for a building addition that can be made to
the new building. Within 3 miles of the center, the population of
children infant to age four has grown by 13% in the last 5 years. It
is expected to continue to grow. The area has an average household
income of approximately $70,000.
About the Sale
Support/Training: Owner transition
included.
Reason
Selling: The Owners want to
retire.
Childcare
* NW
Atlanta * Real
Estate
Metro
Atlanta,
Georgia
Financials
Asking:
$1,795,000 - (will sell the business only for
less)
Gross:
$510,000
Cash
Flow:
$168,000
FF&E:
$100,000 (included in the asking price)
Real
Estate:
$1,750,000 (included in the asking price)
Business
Summary
This daycare center is located in a growing NW
suburb of Atlanta. The population is expected
to increase 50% within the next 5 years. Licensed for 192 kids.
Current enrollment: 94 full-time and 32 after school children. They
have 3 GA Pre-K classes and a very active summer
program.
Because of the growth in the area and the
four lane road that is being constructed in front of the center (it
is adjacent to an intersection with another new four lane road),
this property is more valuable as commercial real estate than as a
childcare center. Therefore, the owner will consider selling just
the business.
Year
Established:
1989
Employees:
15
Facilities: Built in 1989, the center has 11,000
sq. ft. and includes 1.1 acres of
property. Building is in very good condition and has new roof, A/C,
and carpeting. The center has one 72 passenger bus and one 17
passenger bus.
Growth/Expansion: This childcare center has not had a
price increase for 18 months and they have not done much advertising
to increase the business.
Support/Training:
Seller transition included.
Reason
Selling: Owner
relocating.
Click to
Download:
Personal Financial Statement (This is a SBA form
and is accepted by all SBA Lenders.)
Confidentiality Agreement (A Confidentiality
Agreement will need to be signed for each business that you are
interested in. This one is blank, so you will need to write in the
Business Title, ID, & Price sections as
well.)
Call Ron
Yurick of Childcare Brokers
at (770) 667-2475
today! | 
