Large Family Child Care day care for 12 children with real estate

Derwood, MD (Montgomery County)

Seller Financing Available
House
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Asking Price: $540,000

Cash Flow: $145,600

Gross Revenue: $208,000

EBITDA: N/A

FF&E: $4,000

Inventory: N/A

Real Estate: $500,000

Established: 1965

Large Family Child Care day care for 12 children with real estate

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Business Description

17505 Park Mill Drive has the zoning permit, lead inspection approval, fire approval and Use and Occupancy permit for 12 children. The gross income for 12 children can be $208,000, 3 staff members would be required. The owner must be a resident. The sale of the property and business will include consulting, marketing, signs and logo for A Happy Childcare Nest and assistance in getting the certificate from MSDE/OCC in your name. Check pictures on Zillow for the property.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,050
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property is 15,000 sf lot size, 3050 house size. 6 bedrooms and 4.5 baths. One bedroom and bath are used for the child care. (Home Based)
Competition:
The property is located by Shady Grove Road and Mid-county Hwy in Montgomery county near the end of the metro line by bus transportation making it an ideal location for working parents.
Growth & Expansion:
The growth and expansion possibilities are to open the business for a 24/7 operation. The gross income figures are for a weekday operation.
Financing:
Cash flow is with two staff members 40 hours $15 hr, 3rd staff member is owner
Support & Training:
I started child care in 1983, I am center qualified for 40+ children, credentialed and current on training, part of the sale is getting all of the administrative and marketing support you need for 9 months after the sale.
Home-Based:
This business is Home-Based
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Business Listed By:
Robin Rice

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