Carousel Learning Center Inc.
How we got $112K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Carousel Early Learning Center offers childcare and early education for children aged 8 weeks to 5 years at two locations in Bergen County, New Jersey, and says it has been privately owned for more than 20 years.
From the company's website. Industry: Child care.
Estimated value over time
▲ 18% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CAROUSEL LEARNING CENTER INC. this business | $264K | — |
| Apple Creek Learning Center Luther | $784K | 7.6 mi |
| THE KIDS COMPANY CHILDCARE AND DEVELOPMENT CENTER LLC Chandler · 9 employees | $564K | 10.4 mi |
| Little Roots (formerly: Mother's Day Out) 2 Day Preschool Harrah | $784K | 14.9 mi |
| MARCO ENTERPRISES INC. Harrah · 7 employees | $417K | 15.2 mi |
| NANNIE'S DAYCARE INC Jones · 15 employees | $887K | 15.8 mi |
| TENDERCARE THE NEXT GENERATION INC Meeker · 14 employees | $819K | 16.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $320K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $168K |
| Estimate: the two combined (geometric mean) | $264K |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $45K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $112K |
| Multiple for this size and industry | 2.5× |
| Value range | $59K – $153K |
| Revenue range | $174K – $301K |
| EBITDA range | $29K – $51K |
| Industry (NAICS) | Child Care Services (624410) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst Bank and Trust CoPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/3/2021 | first | $9K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carousel Learning Center Inc.
Carousel Learning Center Inc. is a child care company in Wellston, Oklahoma, in business since 2006. It is owned by Eilish Lowney (CEO). Its estimated annual revenue is about $264K, with roughly $45K of EBITDA. It has about 5 employees. Its estimated business value is $112K (likely range $59K–$153K).
Common questions
- Who owns Carousel Learning Center Inc.?
- Carousel Learning Center Inc. is owned by Eilish Lowney (CEO), according to public sources such as the company's website or filings.
- How much revenue does Carousel Learning Center Inc. make?
- SeeBITDA estimates Carousel Learning Center Inc.'s annual revenue at about $264K (likely between $174K and $301K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carousel Learning Center Inc. worth?
- About $112K, roughly 2.5× its estimated EBITDA of $45K, typical for a child care company its size. Likely range: $59K–$153K.
- How many employees does Carousel Learning Center Inc. have?
- About 5, as reported on its PPP loan.
- When was Carousel Learning Center Inc. founded?
- Carousel Learning Center Inc. has been in business since 2006.