PRICE REDUCED - Day Care Center For Sale

Charlotte, NC (Mecklenburg County)

Seller Financing Available
PRICE REDUCED - Day Care Center For Sale

Asking Price:$185,000

Cash Flow:N/A

Gross Revenue:$171,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2002

PRICE REDUCED - Day Care Center For Sale

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Business Description

Enjoy the benefits of owning a drop-in day care center with unlimited earning potential. This business is centrally located in a bustling shopping center and close to major neighborhoods and schools. This Drop-off Day Care Center is growing located in Lake Norman are, just north of Charlotte, North Carolina, servicing affluent and middle income families. They perform onsite child care services at their attractive center.

The owner has built a reputable and trusted brand. It is highly regarded as one of the best drop-off day care centers in the Charlotte market. This company could expand into additional markets.

Highlights:

- Valued book of business of over 3,100 families
- Recurring revenue on a monthly basis
- Loyal client base with multiple children
- No child care experience needed for Owner
- Training provided for new owner
- Current owner averages 30hrs. a week
- Only 1 competitor in region
- Well organized business, streamlined processes
- Loyal employees and great retention rate
- Could be passively owned

The owner has built a trusted network of +3000 families throughout North Carolina. The core group of clients are located within 15 miles of the location. The company has +7 PT sitters on staff. Majority of them have been employed over 4 years and 2 assistant managers with +6 years experience.

Providing Top Quality Care:
- Non-Smoking
- Strict Medical Policy to Protect Children
- All Sitters Are Age +17
- Full Criminal Background Check

The day care center has no complaints or legal issues. They are fully insured and have workers comp for the employees. The insurance is a moderate expense.

INTERESTED IN LEARNING MORE?
For more information and to schedule a confidential tour, please contact the listing broker, Heather Valeri, CBI of Transworld Business Advisors at 704.264.4006 or hvaleri@tworld.com.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Facilities:
It is a well-established and centrally located drop-in day care center. Perfect model to create a franchise business. It is located in a busy retail shopping center and in close proximity of several neighborhoods. The day care center is also only a few minutes from the highway. There is plenty of parking for customers and the business has great visibility from the street. It has an attractive exterior and well-maintained. The owner has a done a great job with designing an attractive play center to provide care for children from 6mo. - 12 years old. It is well-maintained and all furnishings are in great shape. The day care center has a fun atmosphere and children love spending time there. It is a leased retail space with a transferrable lease. The rent has been at a fixed rate for several years. The owner is actually paying at least 15% less than all of the other retail businesses for their space. Business has been around for over 10 years and has been built on word-of-mouth and referrals. Repeat customers make this a stable investment.
Competition:
There is only 1 other company providing this type of service in the region. The competitor business is very small and has only been open a couple of years. They are located in another city. This do-in day care center has a well-established family base of over 3000 families. The owner has built the business on word of mouth by providing a top notch service. This is notable that the owner does not advertise.
Growth & Expansion:
A new owner could increase business by: - Advertising and Networking - Utilizing social media - Expand into new markets with business development - Develop client referral program - Expand school drop-off program - Expand after school care program - Accept online payments and monthly billing - Create a customer loyalty rewards program
Financing:
25% - 50% - Must have excellent credit
Support & Training:
The new owner would have hands-on training for 2 weeks and on-going support for 2 months. Most of it's operations are handled by staff. The owner has a flexible schedule and averages about 30 hours per week.
Reason for Selling:
Retirement

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Heather Valeri

Business Listed By:
Heather Valeri

Transworld Business Advisors

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