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Asking Price:	$310,000 USD USA Dollars
Business for Sale Industry:	Services: Children
Reason for Selling:	Tired after 10 years, may want to return to former
Year Established:	1998
Yearly Cash Flow:	$98,000
Yearly Gross Income:	$598,000

Business for Sale Overview:

Unusual opportunity to own a large, suburban daycare center with possibility of buying real estate. A before and after school age program is included with vehicles provided to transport students. A variety of engaging and educational programs are offered with a high degree of individual attention. Currently licensed for 95 children and infants, and is expandable to over 150. Owner/operator achieved peak sales in 2001 of $695,000, while still not fully utilizing it's licensing capacity. Owner had purposely limited enrollment to 50-60 children from 2004-2006, as she didn't want to manage a larger operation. In 2007 she began again to allow more enrollment, so sales were up to $597,000 in 2007.

Property Features and Assets:

This is a modern one level 6,000 square feet building on 2 acres. Large outdoor playground and plenty of on site parking. Conveniently located for working parents with access to major highway and commuting routes. Lease $9,000 per month gross plus utilities. First right of refusal available for real estate.

Market Competition and Expansion:

Competition: Compared to other daycare centers in town, this is the best positioned for potential growth. Currently it is the daycare center licensed with the largest child capacity, according to the CT State child daycare licensing department. Also, it is only one of two licensed to accept children under the age of 3 in town. Growth and Expansion: The owner has intentionally restricted enrollment, so lifting that self imposed limit and proactive marketing would increase sales. There is a $1,000,000 plus sales potential with current licensing for 95 and current fee schedule. Building could be expanded to allow for over 150 licensed.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.