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Las Vegas

  • Listing No.: 101-20321

  • Category: Education, Professional Services, Service - Commercial B2B

Asking Price $500,000
Down Payment $250,000
Gross Revenue $958,564
Total Adjusted Net Income $262,396
Equipment / Fixtures $125,000
Year Established 2018
General Location Las Vegas
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This is a thriving and successful 24/7 child care center located in the heart of Las Vegas, NV. Only five 24/7 centers currently operate in Las Vegas. Currently serving ages Walking to School-age. This center can make more income by offering an infant program, which is sought after often in this area. The center is currently licensed for 6 weeks to 12 years. The center is licensed 105 capacity with 6 large classrooms. This allows for so many more opportunities for the right owner. Currently the center has 95 enrolled students, but due to its 24/7 hours has room for many more. Pre-CV19 this center had 167 enrolled students with all rooms at capacity and a waiting list in all rooms. This center offers a full service quality affordable child care service (weekly, drop-off's, hourly childcare, before/after-school care, homework club, camps). They have an exclusive relationship with MGM properties, RTC, Valley Health Systems and the Raiders Stadium. These are major connections that the owner solidified. The owner is very involved with marketing and growing the business, and with her background in Corporate America, has found unique ways of building the brand and name and is willing to train the new owner. Post CV-19, the center has grown rapidly, preparing for the holiday rush and summer program. The center offers a strong hybrid curriculum with Creative Play and STEM. The center does not currently participate in a food program, but is eligible. The centers current rates are lower than the average market rate. They accept subsidy programs (Urban League, Children's Cabinet, Child Aware) Currently 1 star for QRIS Center is updated with sign in kiosk, keyless entry and portable hand-washing sink in lobby. Surveillance Cameras with video and sound installed throughout entire center (inside and out). Tablets in every classroom for use of classroom app to communicate with parents on real time. Phones in all classrooms that accept inbound and outbound calls. Website is equipped.

Gross Revenue $958,564 Listed Price $500,000
Total Income $262,396 Down Payment $250,000
Base Rent $9,247 Square Feet 5800
Total Rent $9,247 Lease Expiration 02/2033
Rent Deposit $9,427 Lease Options 1/10
Inventory Not Included Leasehold Improvements $100,000
Equipment / Fixtures $125,000 Other Assets
Full-Time Employees 20 Training Period 14 Calendar Days
Part-Time Employees Special License Required Day Care Center
Contract Staff Reason for Selling Seller lives out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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