Business For Sale

Children's Activity Center For Sale!

Not Disclosed, GA
Glynn County


Asking Price: Annual Revenue:
$439,000 $320,643

Services: Children - Child Care, Education


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RE: Children's Activity Center For Sale! Broker: Jacob Jones

Quick Facts

Asking Price: $439,000
Annual Revenue: $320,643
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $28,181
Real Estate: Not Disclosed
Year Established: 2000
Employees: 7
BBN Listing #: 854452907
Broker Reference #: 57971-294134

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Business Overview:

Are you feeling burned out teaching or are you ready to have you own business?
This successful after-school care business is locally owned and operated providing organized fitness activities for children and assisting parents with scheduling for nearly 20 years.
For potential buyers and investors this business offers the following considerations:
• Turn-key Business
• Growing market
• Great employees in-place
• Excellent reputation
• Low hours to manage

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Property Features and Assets:

Founded in Brunswick, GA in 2000, this business has been the de-facto place for parents and kids to participate in karate, gymnastics, and for great after-school care in the Brunswick area. This business features twelve employees in a large 10,000 square feet building passionately helping kids to have fun while becoming healthier, more secure individuals, while giving parents the service of secure caretaking after school.

Market Competition and Expansion:

This industry organizes youth programs that take place outside of the traditional school day. After-school programs can occur at various times of the day and in a variety of places, including the school building, community centers, libraries or parks. Activities include everything from sports and study groups to performing and creative arts. As many industry operators are nonprofit organizations, they are exempt from federal income tax. The need for programs that serve young children and their families will continue to grow. The need for daycare providers and childcare workers is projected to increase faster than the average of all occupations through the year 2008. For more information, see U.S. Department of Labor’s publications at http://www.dol.gov/dol/topic/benefits-other/childcare.htm. Childcare programs and daycare providers are striving to meet higher standards of quality. Quality care initiatives in Georgia can be found at the following Web site: http://www.div.dhr.state.ga.us/dfcs_caps/cc_initiatives.htm. Nationally, the need for more than one childcare arrangement is common. Childcare arrangements include full-day care, half-day care, school holiday and before/after-school care, as is the case with Karate for Kids and Brunswick Gymnastics. For employees with children, missing a day of work because of lack of childcare occurs on average of six to eight days a year for a typical employee. Larger companies are offering “back-up” childcare arrangements for their employees as a benefit. (Source: Joe Fodor, “Emergency Child Care,” Across the Board, March/April 2001). http://www.dol.gov/dol/wb/public/media/reports/care.htm Companies are offering on-site childcare for their employees. Businesses have discovered that employer-assisted childcare is an effective way to attract and retain quality workers. However, in smaller towns or more rural areas such as Brunswick and South East, Georgia this is simply not an option offered by employers. Eighty-five percent of employers with on-site childcare facilities report that providing childcare services improved employee recruitment and almost two-thirds of employers found that providing childcare services reduced turnover. For more information, see National Child Care Information Center’s web site (http://nccic.org/ccpartnerships/toolkit/toc.htm) for their Employer Toolkit. At a Glance • Metro Population: 117,000 • Major Industries: Tourism, Transportation • Gross Metro Product: $4.5 B • Median Household Income: $45,565 • Median Home Price: $157,300 • Unemployment: 5.1% • Job Growth (2016): 4% • Cost of Living: 7% below nat'l avg • College Attainment: 23.1% • Net Migration (2016): 200 Forbes Lists #141 Best Small Places for Business and Careers • #90 in Cost of Doing Business • #45 in Job Growth • #108 in Education The Port of Brunswick forms a vital part of the city's economy. It is recognized as one of the most productive ports on the East Coast and is the sixth-busiest automobile port in the U.S. Tourism is the single largest industry in the city and county. Brunswick and the Golden Isles are a year-round resort community. The islands' beaches, resorts, shops, and historic sites attract visitors from around the world annually. Additionally, the headquarters facility of the Federal Law Enforcement Training Center is located five miles north of the central business district of the city. Brunswick is also home to the College of Coastal Georgia. By The Numbers • Employment: o Job Growth 4%, o Projected Annual Job Growth 0.8%, o Unemployment 5.1% • Median Household Income $45,565 and Household Income Growth 1.8% • High-Tech Employment 0.6% • Housing: o Median Home Price $157,300, o Home Price Change 8.5%, o Housing Affordability, 199 • Education: o High School Attainment 84.2%, o College Attainment 23.1%, o Graduate Degrees 7.6% • Quality of Life o Cost of Living 7% below the national average, o Average Commute 24 minutes, o Crimes per 100,000 Residents 3,391, o Net Migration (2016) 200 Source: https://www.forbes.com/places/ga/brunswick/

Reason for Selling:

retiring

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.

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