Independent Day Care Center

Wayne County, MI

Independent Day Care Center
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Asking Price: $99,000

Cash Flow: N/A

Gross Revenue: $744,000

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Rent: $10,000 /Month

Established: N/A

Independent Day Care Center

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Business Description

A wonderful opportunity to own this modern highly successful children’s day care / pre-school center located in a wonderful area of Michigan. Current Enrollment is 90, monthly tuition is $945, full time prepper $1,040, full time infant through twaddler $1,095. The center consists of a 10,000-square foot facility, with a state-of-the-art design to maximize it highest and best use. This business is licensed for 143 children and presently has approximately seventy-two children enrolled. This Day Care center is presently owned by an onsite owner operator, employs 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 childcare 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 will have a new long-term corporate lease which will expire 2033/01/01 plus additional options and a copy of the lease will be available for review. Monthly Rent to begin at $10,000 or a modest $11.50 per square foot, with increases. Rent security of $25,000. Tenant responsible for real estate taxes of approximately $36,000 after the first year of the lease. The business will have a new long-term corporate lease which will expire 2033/01/01 plus additional options and a copy of the lease will be available for review. Monthly Rent to begin at $10,000 or a modest $11.50 per square foot, with increases. Rent security of $25,000. Tenant responsible for real estate taxes of approximately $36,000 after the first year of the lease. This modern attractive day care business opportunity has been valued / priced at $99,000 which is based on a percentage of the asset value. This reduced price represents a substantial reduction for this business opportunity. 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.

Detailed Information

Location:
Wayne County, MI
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The day care facility is located minutes from various state highways and county roads for parent convenience. The center is in a huge commercial area with many independent company’s representing thousands of daily workers. The city has a population of thousands of residents including a huge volume of businesses. This general area consists of highly populated communities with continued demand for children services. The facility which is 10,000 square feet is in a modern attractive commercial building with all the required amenities. This day care has a professional image; private entrances and beautiful state of the art children’s play area. The center has various rooms specifically designed for separate and independent learning activity.
Competition:
Due to the dynamics of the center no other similar competitive day care centers are in this general area. The present seller will also supply a non-compete agreement to purchaser.
Growth & Expansion:
This day care center can continue to develop with onsite management and an improved and ongoing marketing campaign.
Support & Training:
The seller will supply an appropriate transitional period and remain thirty days’ post-closing to assist the new operator.
Reason for Selling:
The owner has elected to retire after many years in this service industry.
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(from currently available funds)
 
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Ron Cervelli

Business Listed By:
Customer Service

Regal Consulting Corp.

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