SOLD-Established Boutique South Bay Child Care Center for Sale

SOLD ‘Q2 2022

Established Boutique South Bay Child Care Center

Redondo Beach (Los Angeles County)

Asking Price:

$250,000

Cash Flow:

$125,564

Gross Revenue:

$328,756

EBITDA:

N/A

FF&E:

$10,000

Inventory:

$0

Established:

1992

Employees:

5

Business Description:

This well-established and respected Child Care Center in an upscale beach neighborhood started with the Seller’s philosophy of providing individualized care for well-rounded and happy children. Over the years, the reputation and waiting list has grown. Three programs are offered; full day or half day, in either the morning or afternoon. Enrollment is near capacity (per licensing regulations) thanks to the intimate learning space. State license to operate is non-transferable. The Buyer must reapply. Daily schedule and operational materials are available for review.

NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information:

Facilities: The schoolhouse is 1,600 square feet, and includes separate classrooms, an art room, and a reading room. There are two outdoor play areas with equipment on the 5,000 square foot lot; all located on a prime, ocean-view street with excellent access off a main traffic artery.

Competition: Plentiful, but demand for quality child care services is high and expected to grow. The property was recently purchased by a Fortune 500 Company nearby. Employees of that company have the first right of refusal when a space opens up.

Growth & Expansion: To increase profitability, the Buyer may consider extending operating hours and opening weekends and/or offer specific/specialty classes, like reading, languages, dance, or art-oriented lessons during non-school hours. Fundraisers offset expenses. Seller increased rates by 2% to 5% annually.

Financing: None

Support & Training: Up to six months available.

Reason for Selling: Retirement