Business for Sale Overview:
Turn key child care facility available immediately. All inclusive of outdoor play structures, toys, safely devices, kitchen equipment, furniture, office equipment and supplies. Recently refurbished and upgrade to the property has just been completed including entire internal areas of the building and also the outside area. This center was leased, upgraded and licensed by a corporate child care provider who has decided not to continue operating a center at this location, due to the constraints of distance from their other centers. NFA (No Further Action Letter) completed and just newly licensed for a total of 72 children. Transfer of Child Care License can be completed quickly. Start your business immediately. Corporate owner will cooperate with purchaser to get them into the property and started in business as soon as possible to capture fall enrollment. This center is located in a neighborhood setting and is an excellent opportunity to own a child care center business in an upscale area. Great opportunity to get into the child care business for a low purchase price. This opportunity will not last long, since a center of this size and location does not come along very often for immediate purchase. Seller’s will work out a suitable arrangement so that purchaser can begin the operation of the business immediately so as to obtain fall enrollment.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Facilities:
Modern, freestanding building (3,500 Square Feet) with drive through student drop off area at entry to the property. To the right and extending to the rear of the land is a large asphalt parking lot providing secure parking for approximately 10 cars. Located in the rear of the property is a large fenced grass area and extra large equipped and compliant outdoor playground area with large play structures. Turnkey operation, all ready to start your own child care center business. Lease is new and for a 10 year period which commenced on January 1, 2008 with 2 five year options for renewals. Rental is $72,000 per annum Net with 2.5% annual rental increases. Security Deposit of two (2) months rental required. Lease is transferable and does not require a personal guarantee.
Market Competition and Expansion:
Great opportunity in upscale community. Conservative projections to do approximately $700,000 per year in gross annual income at 90% occupancy. Break even is estimated at approximately 27% occupancy or 18-20 full time equivalent enrollment. Very little competition in community.
Reason for Selling:
Corporate Owner, distance of other centers.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.