Large Children's Daycare Can Expand To 150 For Sale

Business description

Unusual opportunity to own a large, suburban daycare center with possibility of buying real estate. A before and after school age program is included with vehicles provided to transport students. A variety of engaging and educational programs are offered with a high degree of individual attention. Currently licensed for 95 children and infants, and is expandable to over 150. Owner/operator achieved peak sales in 2001 of $695,000, while still not fully utilizing it's licensing capacity. Owner had purposely limited enrollment to 50-60 children from 2004-2006, as she didn't want to manage a larger operation. In 2007 she began again to allow more enrollment, so sales were up to $597,000 in 2007.

Property information

Real Estate:

Lease

Lease terms:

This ia a modern one level 6000 sq. ft. building on 2 acres. Large outdoor playground and plenty of on site parking. Conveniently located for working parents with access to major highway and commuting routes. Lease $9000/month gross + utilities. First right of refusal available for real estate.

Other information

Expansion potential:

The owner has intentionally restricted enrollment, so lifting that self imposed limit and proactive marketing would increase sales. There is a $1,000,000+ sales potential with current licensing for 95 and current fee schedule. Building could be expanded to allow for over 150 licensed.

Competition / Market:

Compared to other daycare centers in town, this is the best positioned for potential growth. Currently it's the daycare center licensed with the largest child capacity, according to the CT State child daycare licensing department. Also, it's only one of two licensed to accept children under the age of 3 in town.

Support & training:

Owner is local and is flexible as to tie-over arrangements with new ownership.

Reasons for selling:

Tired after 10 years, may want to return to former career.