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Child Day Care Facility includes Real Estate – Sold

Price: $590,000

Annual Revenue: $637,000

Net Cash Flow: $140,000

Industry: Services

Location: Connecticut

2 separate locations – Fully Staffed – Owners work part time. The business is currently licensed for 50+ children in each location. At present the day cares serve a total client base of approximately 150 children. There are about 50 infants; 50 Pre School and 50 Grade School children served in the two locations. The staff has been in place for an extended period of time and it is expected that they will remain post acquisition.

Listing Details

Real Estate: $300,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Owner will provide a smooth transition. First 30 days included in the sale. Additional is negotiable. Willing to stay for an extended period to assist in running business

Location

Facilities Information:

Main location 3,300 square feet is owned and included in the transaction ($300,000 Value), The other location is a long term lease @ $2,000 a month.

Summary

Potential Growth:

The owners are older and have not aggressively marketed the services. Additional Marketing, Social Media and publicity could increase enrollment. Both Locations can accommodate more children.

Financing/Terms:

The owner is willing to carry a partial sellers’ note for a qualified buyer.

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