CHICAGO, Illinois
| Asking Price |
$599,000 |
Year Established |
2016 |
|
| Annual Revenue |
$1,000,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Dan Eitel |
|
| Annual Cash Flow |
$0 |
Listing Number |
1014083 |
|
| # of Employees |
17 |
Business Category |
Services: Children - Child Care, Education |
|
Business Overview:
A rare opportunity to own an exceptional daycare in the city of Chicago. The business is located on a main street with good visibility, in a densely populated, affluent north side neighborhood with a large population of working professionals. This is a fully licensed operating facility. The buildout, assembling a roster of qualified staff, city and state regulations and permitting, and most importantly, enrollment, have all been taken care of.
Total licensed capacity is 64. The center is currently under capacity so any new enrollments go straight to the bottom line. In addition to the owner, one of the staff is also director-qualified. The owner can stay on as needed to help transition the business.
The school is located in an approximately 7000 sq ft facility. The landlord is very amenable and the rent is below market rate. The center is stocked abundantly with toys and learning materials and has a unique 1000 sq ft indoor playroom. There are also 3 outdoor play grounds within a few minutes walking distance for daily play as well as for hosting community and marketing events.
A completed NDA as well as proof of financial capability is required. Owner may consider financing for qualified individuals and entities with an adequate down payment and good credit to qualify for the assumption of the lease. Proof of funds will be necessary when making offers.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity