Franchise Day Care Center
Henrico County, VA
Most unusual business opportunity to own this modern highly successful Children’s day care / Pre-School franchise center located in a wonderful area of Virginia. The center has a 2016 gross yearly income of $1,334,313 and a yearly net income of $316,082. This franchise is recognized as the premier children’s day care center offering the highest quality service to the children it services. The center consists of a 10,600-square foot facility, with a state of the art design to maximize it highest and best use. This business is licensed for 155 children and presently has one hundred and ten children enrolled. This Day Care center is presently owned by an onsite owner operator, employees a full-time manager of operations and a full staff of teachers and associates. The day care/preschool center offers a twelve-month program including a full summer session. The center also offers premier child care to children ages six weeks to five years, including after school care for children up to eight years of age. The day care center is a complete child development center with a dynamic, fun environment and represents an excellent investment opportunity. The business FF&E has an existing value of approximately $350,000, consists of multiple classrooms, state of the art outdoor play area, various equipment and franchise curriculum required for quality children’s day care services. The original cost for build out for a new center is $450,000, plus working capital. The building has a legal capacity for 155 children, consisting of multiple sections. This day care center has substantial private parking at the facility as part of the commercial lease agreement. The center is operational five days per week with hours of operation from 6:30 am to 6:30 pm. The business has a long term corporate lease which expires October 31, 2026 plus additional options with a total monthly rent of $25,772, cost per square foot is $29.18 and rental security of $40,000. The center is fully staffed with twenty-six experienced employees including various manager’s, monthly payroll is approximately $39,000. Based on the selling price and net income the sale will evidence a consistent and dependable income return to purchaser, prior to debt service. This successful business will evidence a yearly income of $1,334,313 and a yearly net income of $316,082, based on an onsite owner and prior to debt service. The business has been valued based on a multiple of 3.5 times the net yearly income and the value of the specific business assets, seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.
Tutoring, Learning Center & K-12 School Franchise for sale
This franchise location has operated successfully for over 7 years. It’s located in a suburban setting in a vibrant area in the Mid-Atlantic region. The present owner is a hands-on owner/operator. Also, the owner is supported by as many as 15 part time certified teachers. The business is year round, with minor seasonal variations. Most teachers are current or former teachers working on a “moonlighting” basis. The business operates 6 days a week – closed Sundays.
This is a great opportunity to purchase an up and running, successful business for less than it would cost to open a new location. A new owner does not have to be a certified teacher. Many successful franchise owners are business professionals with management, sales, personnel and financial credentials.
Family Entertainment Franchise Resale-VA
This 5 year old profitable $1.9M, Family Entertainment franchise resale is a unique opportunity in the exploding market of family entertainment centers. The purchase price includes a well established franchise territory that is located in densely populated, family dominated county of Northern Virginia and all of the equipment required to operate. Purchasing this established franchise affords you the luxury of avoiding the development and ramp up costs associated with the “cold start” of building out, starting up and opening.
The facilities are immaculate and well-staffed with associates. Due to the growing popularity of this location the owners continue to invest in the business and are currently in the process of adding a new state of the art attraction. The innovative attraction will add a new dimension to the business and is guaranteed to attract customers seeking family and group friendly safe entertainment.
The growth of this market and territory is positive. The franchisor would welcome the opportunity to work with a new owner to further expand the business.
Social media helps to drive business to this center and the owners have been diligent in updating the site with pictures and offers. The franchisor continues to be passionate about the business and looks forward to providing both corporate and hands-on training, website maintenance, marketing support and state of the art back-end operational assistance.
This resale is priced to sell as the current owners want to divest their various business interests as they prepare to retire.