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Franchise Children's Day Care

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $550000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2012
Number of Employees  10 - 19
Inventory  $450,000 equipment & $5,000 inventory.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The corporate owner will remain post-closing to supply a transitional period.
Reason for Sale  The sale opportunity is due to corporate ownership.

Description  
This is a wonderful opportunity to own and operate a premiere recently built 10,000 square foot children's franchise day care center located in a most popular area of Duval County, Florida. The corporate franchise had plans to build and maintain this particular center as a showplace to new franchisees, however circumstances have changed and the center is now available to purchase. This center has a capacity for one hundred and thirty children. The cost of building a new center is $450,000 plus the required working capital to maintain the business for a minimum of one to two years in order to develop the business income to a level that pays the business costs. This reduce selling price of $450,000 saves the purchaser approximately $150,000 in working capital and supplies a substantial advantage with an existing enrollment of sixty five children. This particular business has eighteen employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $18,000. The business has an assignable commercial lease which expires 2034-01-01 plus additional options, with a monthly rent of $20,873 and rent security $30,000. The business facility which consists of 10,000 square feet & a capacity for 135 children. The sale includes a fully equipped functioning franchise day care center, with various classrooms, offices, children's and adults bathrooms, a modern 5,000 square foot children's outdoor play area, various rooms for play, computer, art including all the necessary equipment to maintain the day to day business operation. The facility has appropriate private parking on site as part of the commercial lease. The business is active five days per week, with hours from 7:00 am to 6:30 pm. The sale includes license state approval, certificate of occupancy from the particular municipality and the required license approval from the city.


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