Listing Number: 6953-245061
Description
This childcare center business is growing thanks to full support staff and established operations. After identifying a local need for childcare during the COVID pandemic, the owner expanded her home-based location into a 2-star learning center. Doors opened in summer 2021, and the center has experienced strong growth since.
This business is a 5-star* accredited childcare center and is licensed for nearly 100 kids. Staff includes a director, cook, multiple master teachers and various support staff. Current owner has stepped back to a part time role currently handling weekly payroll and various admin duties as the primary responsibility. The center receives subsidy from DHS, Tribal Governments and the Federal Food Program while maintaining top market rates for private pay families. Additionally, over the last two years the center was awarded $50,000 in improvement and performance grants.
The surrounding area is growing quickly and strong demand for early education and childcare will continue. The business leases a 10,000 sq ft facility with plenty of space for their current enrollment and room to expand. A strategic buyer should consider adding more sinks/toilet areas to add more classroom capacity and ultimately more cash flow. The seller has decided after more than a decade in early childhood education she’d like to pursue other interests and exit the business.
Quick Facts
+ 9 master teachers for 2-star school; 1 to 10 M.T. to student ratio
+ Local school pickup for school aged children; vehicle included in purchase
+ Subsidy payments received from DHS, Tribal Nations, and Department of Education Food Program
Growth Opportunity
+ Surrounding area is growing quickly
+ Space available in 10,000 sq ft facility to increase enrollment capacity 30-50%
Owner’s Objectives
+ Owner would like a smooth transition and to see continued success of the business, its employees and their cared for families. While there is a great staff to assist, the owner will be available to help train a new owner.
*Oklahoma star system updated in 2022-23
Listing Details
- Price: $ 375,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 152,000
- Total Sales: $ 691,000
- Location: Tulsa County, Oklahoma
- Inventory: $ 0
- FF&E: $ 90,000
- Employees: 15
- Year Established: 2011
- Reason for Selling: Other interests outside of business
- Category: Child Care
