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Asking Price$675,000
Revenue$1,181,000 Established2014
Cash FlowUndisclosed Employees18 full-time
FF&E$175,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a wonderful opportunity to own and operate a premiere recently built 10,000 square foot children’s franchise day care center located in a most popular area of Duval County, Florida. The corporate franchise had plans to build and maintain this center as a showplace to new franchisees, however circumstances have changed and the center is now available to purchase. This center has a capacity for 155 children, presently 105 active. The cost of building a new center is $450,000 plus the required working capital to maintain the business for a minimum of one to two years to develop the business income to a level that pays the business costs. The success of a day care center, in addition to certain factors is the marketing skills of the operator to continue to enroll additional children. This industry require government agency approval for purchaser as director. This business has eighteen employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $18,000. The business has an assignable commercial lease which expires December 18, 2034 plus additional options, with a monthly rent of $20,873, cost per square foot is $25.98 and rent security $30,000. The business facility which consists of 10,000 square feet and capacity for 155 children. The business fixed assets has an estimated value of approximately $175,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped functioning franchise day care center, with various classrooms, offices, children’s and adult’s bathrooms, a modern 5,000 square foot children’s outdoor play area, various rooms for play, computer, art including all the necessary equipment to maintain the day to day business operation. The facility has appropriate private parking on site as part of the commercial lease. The business is active five days per week, with hours from 7:00 am to 6:30 pm. The sale includes license state approval, certificate of occupancy from the municipality and the required license approval from the city. The 2017 projected gross yearly income is $1,181,000. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a dependable investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this business.
Facilities:This modern franchise children’s day care center facility consists of 10,000 square feet with an attractive ultra-modern appearance. The Center is in a commercial setting with various other active and successful businesses. The business is in Southern Florida, Duval County, which consists of various affluent communities with continued demand for this personal service industry.
Competition:To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business is quite new and requires further time to develop, additionally on-site management and an aggressive marketing plan for further growth.
Training/Support:The corporate owner will remain post-closing to supply a transitional period.
Seller Financing:Available to qualified buyers.
Sale Reason:The sale opportunity is due to absentee corporate ownership.
Ad #97297
Seller Reference #DYCR514
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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