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Large Children's Daycare -Can Expand to 150+ Kids!

: Fairfield County, Connecticut (Fairfield County)

Services - Educational Services | Services - Social Services

$Seller Financing Available

Asking Price $225,000 Inventory  
Gross Income $536,000 Real Estate $1,150,000** 
Cash Flow $58,000 Year Established 1998
FF&E N/A Employees 8

* included in the asking price

** not included in the asking price

Unusual opportunity to own a large, suburban daycare center with possibility of buying real estate. A before and after school age program is included with subcontracted vehicles provided to transport students. A variety of engaging and educational programs are offered with a high degree of individual attention. Currently licensed for 95 children and infants, and is expandable to over 150. Owner/operator achieved peak sales in 2001 of $695,000, while still not fully utilizing it's licensing capacity. Owner has purposely limited enrollment since 2004 as she didn't want to manage a larger operation. In 2007 she began again to allow somewhat more enrollment.

Facilities: This ia a modern one level 6000 sq. ft. building on 2 acres. Large outdoor playground and plenty of on site parking. Conveniently located for working parents with access to major highway and commuting routes. Lease $8700/month gross + utilities. First right of refusal available for real estate.

Competition: Compared to other daycare centers in town, this is the best positioned for potential growth. Currently it's the daycare center licensed with the largest child capacity, according to the CT State child daycare licensing department. Also, it's only one of two licensed to accept children under the age of 3 in town.

Growth/Expansion: The owner has intentionally restricted enrollment, so lifting that self imposed limit and proactive marketing would increase sales. There is a $1,000,000+ sales potential with current licensing for 95 and current fee schedule. Building could be expanded to allow for over 150 licensed.

Seller Financing Available: Yes

Financing: Possible seller second mortgage on real estate

Support/Training: Owner is local and is flexible as to tie-over arrangements with new ownership.

Reason Selling: Tired after 12 years, in school to train for career in medical field.

Business For Sale By

David Larson

860-529-8181

Larson Associates

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