Profitable Day Care Center, Real Estate Included For Sale

Business description

The owner established this business over 15 years ago and is now looking to retire. What began as a small business to fill a personal family need has blossomed into a large center licensed for over 115 children and infants. Located in a unique building, growth for another 20 children has been certified and there is potential for yet greater use of the available space to add more day care rooms. The location of the business is ideal for parents to drop off and pickup their kids.

Tuition income has been relatively steady at over a half a million a year. EBITDA has also been steady. The owner has enjoyed a good income and not focused on maximizing the potential of the center. Current enrollment is about 90 children and is below the certified amount. Expansion potential is there since the local market demand is high and competition does not enjoy the same stellar reputation for care and competence that this center does.

Center operations are well managed and focused on the development of the children as well as full compliance with all State regulations. The equipment in the center is of the highest quality, all staff is fully certified. Management potential exists within the existing staff if new ownership can’t be fully hands on. This would be a great opportunity for a growing multicenter operation in this field.

Owner wants to retire and will sell the real estate and business as one package. The real estate will provide a vehicle for long term financing making debt service very reasonable for a qualified buyer. The owner is willing to consider partial financing depending on the terms of any reasonable offer.

For more information contact Sunbelt Business Advisors of Hartford (860) -------- or email ----@---------------.---. -- ------- --- ------- -- ------- ------ --------------- ---------- --- --------- ----------- ---- --- ---------- -------.

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Monday-Friday

Years established:

28

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Financing is Available