 |
Listing Details - Early Childhood Development Centers/After-School Care Centers
|
Early Childhood Development Centers/After-School Care Centers
()
Central Arkansas - Arkansas, Saline
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
No |
| Listing ID: |
69998 |
| Status: |
Active |
Listing Details
| Listed Price: |
$2,700,000 |
| Down Payment: |
|
| Total Sales: |
$3,934,494 |
| SDE: |
$618,146 |
| EBIT: |
|
| EBITDA: |
$864,038 |
| FFE: |
$810,000 |
Included? Yes |
| Real Estate: |
$3,670,000 |
Included? No |
| Inventory: |
|
Included? |
| A/R: |
|
Included? |
|
|
| Reason for Sale: |
Owners are retiring. |
| Training: |
Owners available for 30-60 days after sale. |
| Financing Terms: |
Negotiable. |
Operations
| Year Established: |
1984 |
| Last Acquired: |
|
| Form of Ownership: |
S corporation |
| Home Based: |
|
| Relocatable: |
|
| Type of Location: |
Stand-alone |
| Absentee Owner: |
No |
| Online: |
|
| Employees: |
Full Time: 50 / Part Time: 80 |
| Managers: |
5 |
| Hours: |
|
| Owner Hours: |
40 |
| Non-Owner Payroll: |
$1,852,449 |
| Franchise Info: |
|
Location
| Lease Expire: |
|
| Option: |
|
| Lease Terms: |
|
| Lease Security: |
|
| Monthly Rent: |
|
| Square Footage: |
|
| Facilities: |
All of the company's centers are located in highly desirable, growing areas in Central Arkansas. Strategically placed near schools and key residential areas, the facilities were built on oversized lots to provide an abundance of playground space, shade trees, and green space, and the capacity for future site expansion. |
Summary
| Business Description: |
Premier, multi-location early childhood development company in central Arkansas. Revenue and profit have continued to grow in spite of recession. Excellent opportunity for local operator or regional/national provider to establish a presence in central Arkansas. Owners are dedicated to providing the best possible preschool and after school learning-based childcare. Each facility operates at full capacity with a waiting list.
The company has been very profitable and has received numerous "Best of" awards for each of the past 10 years with the reputation as being the premier choice for preschool and after school childcare in its communities.
|
| Historical Summary: |
Founded more than 20 years ago when the owners discovered a need in their community for high quality early childhood development centers.
Drawing on an undergraduate degree in education and eight years of service as an educator in the County School District, the owners set out to design a childcare center utilizing the philosophy that children need to receive a complete pre-school education in a nuturing environment under the supervision/training of an experienced staff. It would not be a “baby-sitting” center.
With the success of the first center, the owners developed multiple sites in Central Arkansas all of which have been extremely successful due to the strategic locations, the design and layout of building and grounds, the low staff turnover, the innovative curriculum and the experienced teachers. |
| Owner Qualifications: |
|
| Competition: |
The main competition is the single unit "mom and pop" type childcare operations. However, these operations cannot provide the volume care or the facilities of the company.
The only competitor that provides a similar scope of services with numerous facilities in Central Arkansas is headquarted outside of the state of Arkansas and only has one facility that directly overlaps in the communities currently served by the company. |
| Potential Growth: |
Wide open opportunity to expand into several communities with similar demographics located within 30 miles.
Targeting and partnering with companies to provide employer-sponsored child care is another growth opportunity.
Finally, as evidenced by the waiting list at each facility, expanding capacity at existing centers may be the easiest way to grow the business.
|
|
|
|
|
|
|
|
|
|
|