Description

Most unusual opportunity for this wonderful business opportunity which consists of a 9,625 square foot newly built independent children's day care center / preschool in an affluent area of Hillsborough County, New Hampshire. The center was recently opened as a national franchise day care center at a cost of $450,000 and due to personal unforeseen circumstances the operator who was an investor was forced to return the center to the franchise. The franchise has now decided to sell the day care business substantially below cost value. The opportunity is extremely unusual which allows the purchaser an opportunity to own a existing day care well below market cost with an existing gross income. This 3-year-old, ultra-modern fully equipped children's day care center consists of numerous class rooms, multiple children's toilet facilities, commercial kitchen, in door play area and a state of the art outdoor play center. The center offers premier child care for children ages six weeks to five years and after school care for children up to eight years of age. The parents have confidence each day that their child is being taken care of in a loving and respectful environment. They extend the offer to all families to come visit them and see why the center is the perfect home away from home. They know that choosing special care for your little one(s) is an important decision and greatly affects the life of your child and your family. They offer warm and loving teachers, phenomenal curriculums and the simple extras that makes bringing your child to day care an easy and stress free event. The business assets have an estimated value of $450,000 based on the buildout / startup cost. The sale includes a fully turnkey modern children's day care operation which includes various classrooms, kitchen, curriculum, day care supplies / equipment, special modern children's toilet facilities, indoor and outdoor play areas, camera system, including various equipment required for this particular children service industry. This day care preschool operation has 17 employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $16,600. The business has an assignable commercial lease which expires 2033-01-01 plus two five options, with a monthly rent of $20,653 triple net and rent security $20,000. The business is located in a free stranding facility with a capacity for one hundred and forty-seven children. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active five days per week, with hours from 7:30 am to 6:30 pm. The sale includes a certificate of occupancy from the particular municipality and the required state & city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a substantial investment return to the owner operator prior to debt service. The yearly gross income is $478,714 and with an onsite owner operator the center expects to supply a consistent net cash flow. This size day care center routinely covers its expenses at approximately 77 children. The business has been valued at $175,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating.

Posted Aug 8, 2016

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