Bright Start Early Learning — 62 places

Listing ID #100004

Childcare & Education

Licensed nursery running at 94% occupancy with a waiting list for the under-twos.

Asking
$1,150,000
Revenue/yr
$1,480,000
Profit/yr
$296,000
Staff
18
Age
18 years

About this business

A purpose-built nursery licensed for 62 places, currently running at 94% occupancy with a waiting list in the under-two rooms. Eighteen staff, six of them qualified above the required ratio.

The most recent inspection was clean. The manager holds the licence and intends to stay; the owner has not worked in the building for three years.

Business details

Financials

Asking price
$1,150,000
Annual revenue
$1,480,000
Monthly revenue
Not disclosed
Annual profit
$296,000
Monthly profit
Not disclosed

Audience

Staff
18

The business

Age
18 years
Established
August 2007
Industry
Childcare
Country
United States
Location
Raleigh, North Carolina

Why it is being sold

The owner is consolidating into a single larger site an hour away.

What's included

The licence transfer, all equipment, staff contracts and the parent contracts.

Growth opportunities

Holiday-club provision was dropped during the pandemic and has never been restarted.

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