Company

Private kindergarten in the center of Riga.

ID 2516

Selling price

90 000

Location

Riga

Industry

Education

Business type

Private kindergarten in the center of Riga.

Legal form

Limited Liability Company

Parts being sold

Full business (100%)

Last year's turnover

210 000 EUR

Last year's profit

1 000 EUR

Total views:

Description

For sale charming small private kindergarten in the center of Riga. 5 groups with 75 children is like a family! The kindergarten uses almost 600 square meters of space in one of the houses in the city center. The kindergarten also has its own kitchen, where meals are prepared for children and staff. Kindergarten works in Latvian.

The kindergarten management thinks a lot about providing children with education, creativity, building relationships and well-being, offering a sensible approach to pre-school education, non-traditional solutions and paying a lot of attention to children’s creativity. This program attracts more and more parents who choose this particular kindergarten to improve their children.

The kindergarten has grown to a profitable company in 9 years of work, which has full groups and a queue for joining. The cost of one child is 340 euros per month plus food. Part of these costs are borne by the municipalities. Expenses include rental of premises (2,800 euros plus utilities), staff costs (2 teachers per group) and toys and learning materials for everyday use. The average monthly income of the company is about 23,000 euros, and expenses up to 20,000 euros. Thus, the company earns about 35,000 euros per year. In the past years, investments were made in the premises and the needs of work, and the number of children was much smaller, so the company worked with only a small profit.

Excellent, creative and profitable business!

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