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Large Day Care Center-Excellent Investment Opportunity

Connecticut (Hartford County)

Services - Educational Services | Services - Other Miscellaneous services

Asking Price $539,000 Inventory $2,000** 
Gross Income $585,000 Real Estate $925,000** 
Cash Flow $223,000 Year Established 1996
FF&E $60,000* Employees 6 ft/8pt

* included in the asking price

** not included in the asking price

Well established day care and learning center with excellent return on investment and potential for much more. Licensed for 100 children ranging from infants to school age, the center is known for excellent care and quality programs. Based on enrollment for the first 11 months of 2008, tution for this year will be $585,000 and benefit to owner $233,000. The center is in the midst of a rapidly expanding commercial/retail/residential area which has a growing need for quality daycare. Owner works approximately 20 hours per week.

Facilities: The facility has 5,300 square feet of classroom space with additional space for an office or classroom and is located on a parcel of land that is approximately 3 acres in size. In addition to the day care building, a single family house is located on the parcel. There is plenty of room to expand the center. One acre is devoted to a beautiful playground. The building, furnishings and play equipment are in very good condition. The location of this building and property must be seen to be appreciated.

Competition: There are other centers in the general area but none share the reputation for quality care, stimulating programs and positive rapport with parents. The center is approximately 12 years old.

Growth/Expansion: There is room to grow under the present license,additional space in the present building and plenty of space to expand on the property. With the rapid commercial/retail/residential growth in the immediate area, there id corresponding growth in the demand for child care.

Support/Training: The staff is experienced and dedicated. The seller will provide support during transition.

Reason Selling: Seller wants to spend more time with family.

Business For Sale By

Francis R. Barillaro

203-639-0290

Cornerstone Business Advisors, LLC

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