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Multi-Location Childcare Centers with Real Estate in Greater Boston Area

Multi-Location Childcare Centers with Real Estate in Greater Boston Area
Listing
1647
SOLD!
Acquired By
Industry Buyer
Revenue
$3,575,000
Cash Flow
Adj. EBITDA: $568,000
Asking Price
$2,450,000
Real Estate Price
$2,215,000
Business Description

BayState Business Brokers is pleased to present well-staffed childcare centers that are over 90% enrolled and concentrated in desirable MetroWest locations. The centers offer year-round education-focused childcare for Infants through Pre-K and are licensed for a total of over 250 children.

The business increases tuition annually and is uniquely poised for top- and/or bottom-line improvements which the Seller can elaborate upon.

The current owner, who works part-time, is retiring. The owner’s responsibilities include payroll, billing, and other back-office functions although the Directors are trained on most the owner’s responsibilities. An industry buyer who could absorb these functions is well-suited for this opportunity.

Having grown via acquisition and organically, most management-level staff have experience with ownership changes and are expected to stay on for a new owner.

A combination of leased and owned, the real properties have ample parking and enviable playgrounds and fields. The real estate and business will be sold together; the leases are assignable with landlord consent, or a buyer can choose to negotiate new leases. Landlord relationships are strong and there is an opportunity to expand licensed capacity.

In addition to Confidential Business Brief, a virtual tour will be made available with a signed Confidentiality Agreement to qualified buyers.
On-site tours will be available by appointment to serious buyers after IOI.

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
Concentrate on other ventures
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Molly Hanson

  • Multi-Location Childcare Centers with Real Estate in Greater Boston Area

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