Atlantic Canada's Business Transition Specialist

SINCE 1998

ASKING PRICE:  $410,000
LOCATION:  Eastern New Brunswick

Established in 1979 and located in Eastern New Brunswick, this daycare business is licensed as a designated early learning and childcare facility by the New Brunswick Department of Education and Early Childhood Development. The preschool is licensed for 60 children and follows the N.B. curriculum Framework for Early Learning and Childcare. It is committed to providing quality childcare to families with children aged two to twelve years.

In addition to the owner, the preschool has a full-time Director who manages the day-to-day operation of the preschool as well as 9 employees who implement the curriculum and are responsible for the care and nurturing of the children.

The building that houses the preschool is owned personally by the owner of the business and is included in the assets offered for sale. The business generates annual revenue in excess of $500,000 and the assets, including the building, are available for purchase at a price of $410,000. The sale will be structured as a sale of assets.

The owner has now reached retirement age and wishes to pursue other interests but will stay to assist the new owner for a reasonable transition period.

•    Long history of profitability
•    Well established and respected brand
•    Current owner will assist for reasonable transition period
•    Realistic and achievable opportunities for growth
•    Qualified and experienced educators and staff expected to remain after sale
•    Qualified, long-term administrator will remain after sale
•    Prime location directly on bus route for children attending the local primary school

This is an opportunity to acquire a business that provides a healthy profit as well as the personal satisfaction derived from having a positive impact on the lives of many children.  Annual revenues exceed $500,000 and there are reasonable and achievable opportunities for growth. The sale will be structured as a sale of assets and include all assets used in the operation of the business including the land and building owned personally by the owner of the company.

The price is $410,000. The seller will consider financing a portion of the purchase price for an approved buyer in an amount and on terms to be determined by the seller.

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