Daycare With Land & Building Financing Likely For Sale

Business description

Efficient: This Day Care has no franchise fees but all the best systems and processes in place.

Attractively Priced: Based on a history of other day cares that have sold in Florida, this business is priced below the average ratios.

Success: This business has a long, successful track record. It is likely to get an SBA loan based on replies from a number of banks.

Yield: In 2008, it yielded $129,502 net to the owner. Gross sales are in line for producing similar numbers in 2009.

Property information

Real Estate:

Real Property Included

Location:

Located in Brandon, this free-standing, converted-home provides as a excellent location for the purpose of providing day care service to children under the age of three. It is well located on a busy street with sufficient traffic to keep school enrolling children from neighborhood. It has been modified to handle all the needs of the children. It has a safe, great backyard,with a fenced in, up-to-code, shaded play area.

Premises details:

This successful licensed local infant/toddler care center (ages 6 weeks – age 3 years) opened in August 2000 on beautiful acreage with fenced play area, shade trees and garden. Open Monday through Friday from 6 am to 6 pm and currently can house 28 children. This unique care center is community based and in good standing. They pride themselves on great relationships with the clients and customers. The property comes with an abundance of land - over 17,500 sq. ft. - nestled in the heart of a well established neighborhood. The location is easily accessible from any direction, and is situated in an area with multi-family homes, as well as planned growth expansion of new subdivisions, private and public schools.

Business Operation

Expansion potential:

The Seller believes that Buyer could improve this business by implementation of the following:

? Add services such as Pick-up and Drop-off of children to their homes

? Converting the attached double car garage into further rooms

? Increasing the rate for care per child

Competition / Market:

Competition is typical for the industry and this business is strategically located in a well established neighborhood, giving a unique edge over anyone else in the region. The upstart requirements of a new day care center work as a strong barrier to entry in this industry. This business is highly recession resilient and has a high expectation for growth over the next decade as noted by the Bureau of Labor (see note below). Children are always being born and the challenges in the economy push more families into dual income workers, which also increases the demand for day care needs as well. Demand for professional child care providers will increase nearly 18% through 2016.* * Growth figures represent a ten-year period ending 2016. Source: "National Industry-Occupation Employment Matrix," a publication of the U.S. Bureau of Labor Statistics.

Reasons for selling:

Ready to retire

Trading hours:

Monday to Friday: Opens 7 a.m. to 6 p.m.

Employees:

6

Years established:

10

Franchise terms

Not franchise. No fees

Other information

Support & training:

Will provide two weeks training

Financing available:

Banks have established an interest in funding this business and property.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Related documents:

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