Description

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 particular 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 one hundred and thirty-five children, presently 94 active and 104 enrolled. 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 in order to develop the business income to a level that pays the business costs. This reduced selling price of $195,000 saves the purchaser approximately $350,000 in working capital and supplies a substantial advantage with an existing enrollment of approximately 94 children. The success of a day care center, in additional to certain factors is the marketing skills of the operator to continue to enroll additional children. The sale includes 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. This particular 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 and rent security $30,000. The business facility which consists of 10,000 square feet & a capacity for 135 children. 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 particular municipality and the required license approval from the city. 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. 2016 projected gross yearly income is $700,000. The asking price is $195,000 and this sale is based the value of the assets and seller financing may be available to a qualified buyer. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

Posted Jul 22, 2016

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