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The Wall Street Journal Online

Established Daycare with Real Estate

Spartanburg County, South Carolina

Photo Available
Asking Price:
$725,000
Gross Income:
N/A
Cash Flow:
N/A
FF&E:
$46,100.00 *
Inventory:
$500.00 *
Real Estate:
$600,000.00 *
Year Established:
1980
Employees:
12
Business Types:
Educational Services
Other Personal Services

* included in the asking price

Business Description

This daycare was established in 1980. The current owners have owned since 1986. The current facility was constructed in 1998. The facility and property are in a highly visible location. The campus contains several playground areas and is fenced in. Signage on a busy corridor creates ideal exposure. Owner is completely absentee. Ideal purchaser should have past experience and be qualified financially. Owners will not consider leasing the property or owner financing. Serious inquiries only please. All potential buyers will sign a confidentiality and non-disclosure agreement and provide proof of financial capabilities prior to receiving detailed information. Great location and business for the right buyer.

Detailed Information

Facilities:
Sale includes 4,000 sf building on 1.56+/- acres of land in a prime location. Sale also includes all furniture fixtures and equipment to run business inlcuding buses, playground equipment, educational supplies, etc. Building and site in great shape. Building has a lot of daylight with ingress/ egress to fenced playground areas. Licensed for 127 children.
Competition:
Business is located in a prime location. Great street visibility.
Growth/Expansion:
Lot's of expansion opportunities. Currently owner is operating completely absentee. New owner could act as Owner/ Director with a great salary. Existing owner derives a great income from business while completely absentee. Business could create a website to help in growth of business.
Support/Training:
Negotiable
Reason Selling:
Retiring
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Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Mark Griffin, CBB

Mark Griffin
Griffin Property Solutions

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Ad#: 685598

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