Business Overview:
This well-established and respected Child Care Center in an upscale beach neighborhood started with the Seller’s philosophy of providing individualized care for well-rounded and happy children. Over the years, the reputation and waiting list has grown. Three programs are offered; full day or half day, in either the morning or afternoon. Enrollment is near capacity (per licensing regulations) thanks to the intimate learning space. State license to operate is non-transferable. The Buyer must reapply. Daily schedule and operational materials are available for review.
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Property Features and Assets:
Facilities: The schoolhouse is 1,600 square feet, and includes separate classrooms, an art room, and a reading room. There are two outdoor play areas with equipment on the 5,000 square foot lot; all located on a prime, ocean-view street with excellent access off a main traffic artery.
Market Competition and Expansion:
Competition: Plentiful, but demand for quality child care services is high and expected to grow. The property was recently purchased by a Fortune 500 Company nearby. Employees of that company have the first right of refusal when a space opens up.
Growth & Expansion: To increase profitability, the Buyer may consider extending operating hours and opening weekends and/or offer specific/specialty classes, like reading, languages, dance, or art-oriented lessons during non-school hours. Fundraisers offset expenses. Seller increased rates by 2% to 5% annually.
Reason for Selling:
Retirement
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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