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Semi Absentee GROWING and Profitable Pre-K / Learning Center

For Sale in Gig Harbor, WA

Listing ID: 38681-216633 | Broker Listing ID:

Financial & Assets Details

$552,917
$114,580
$50,000
$2,500
Yes
7761+/-

About the Business

2016
0 F/T 12 P/T
$14,228
Yes

Business Description

What an opportunity to own Pierce County’s most highly rated and sought after Pre-K and learning center! Current owner purchased simply out of necessity for her children to have a high quality education center, and is ready to return her full time focus to her day job. What an opportunity for a new owner to take over a profitable, growing, highly rated learning center from an owner currently ONLY putting in 8 hours per week!

This gorgeous, award winning center opened in 2010, after struggling the owners decided to sell to the current owner who purchased the business out of necessity for her children to have a high quality education center to attend. As a full time firefighter, the current owner was able to build this business back up on the side. Now fully profitable, and with her children moving on to higher education levels, she is ready to sell to the next passionate owner ready to continue the growth of the center, and maintain the high quality education and experience they provide their clients.

This center provides Pre-K classes, has a limited service café, offers parent supervised (NOT a daycare) indoor play, special events for birthdays, camps, and a newly introduced membership subscription plan which is helping boost the bottom line into greater profitability.

Offering 5 classrooms, with 123 students currently enrolled (and growing) the business is profitable for an owner working just 8 hours a week. The lease is another major asset of this sale, at just $22/ft in a market yielding $40/ft, buyer will have a huge advantage by taking over the currently lease. The current facility is 7761 Sq Ft, with an assumable lease running through 7/2027, for this standalone building. This sale includes the Learning Center, Pre-K, and Café (all located inside this facility).

Growth & Expansion

-Continue current marketing plan (currently growing & 95% retention)
-Promote and continue newly introduced subscription program
-1500 high end homes currently being built in the immediate area!
-Expansion of Café services and promote meal plan

Seller Financing

Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.

Market Competition:

-TOP Performing School in Region, BIG demand
-Profitable and GROWING
-Current owner part-time, only working 8 hours a week
-GREAT lease terms, buyer to assume current lease
-Strong staff in place, long term team for turn key operation

Location Details:

Contact Agent

Support & Training

4 weeks included

Reason for Selling:

Change of Focus

Listing ID: 38681-216633

Contact Broker

Transworld Business Advisors Renton www.tworld.com/locations/renton/ Listings: 30(206) 456-4355 View My Listings

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