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Businesses For Sale   >>   Day Care Centers Businesses For Sale

Day Care Franchise

Location  Ohio,United States
Asking Price Range  $250K - $500K
Gross Revenues  $650000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2013
Number of Employees  10 - 19
Inventory  $395,000 equipment & $2,000 inventory.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The owner who is the franchise will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  The owner is the corporate franchise and does not operate its various locations.

Description  
Highly successful newly built modern franchise children's day care center located in Union & Franklin County in the state of Ohio. The center is presently owned and operated by the out of state corporate franchise and has priced this opportunity below the cost of the recent cost to build and open to date. The center is ten thousand square feet with a capacity for 165 children. The center has been designed for high capacity income and requires on site ownership to further develop to capacity. The cost of a new center is approximately $450,000 with one year of required working capital of approximately $150,000 to reach a positive income level. This opportunity supplies the owner with two years head start and thousands of dollars in cost. For more than 30 years, the founders of this franchise have been positively impacting the lives of children by developing and implementing ground-breaking care and early education programs throughout the country. Starting in 1980 with a single location the unique and proprietary programs developed quickly and was built on three key educational and care principles: cognitive, physical, and social. These programs, along with enrichment programs that are offered* at no additional charge, provide a well-rounded early education that has proven to get children on the path to a bright future. The sale includes a fully equipped children's day care center with an original build out cost of $450,000. The transaction also includes the franchise curriculum, software system, computers, play equipment, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has twelve employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $8,500. The business has an assignable commercial lease which expires 2034-01-01 plus additional options, with a monthly rent of $12,000 and rent security $24,000


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