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Profitable Child Care Facility in Tidewater Virginia for sale in VA

Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 320,000 $ 459,323 $ 120,934

Furniture and Fixtures Value:
$ 54,491 (included in the asking price)

Business Summary:
Located in the beautiful Tidewater Virginia region, this local daycare facility serves about 85 children from 6 weeks to age 12 (currently licensed for 96 but chooses to limit enrollment). The purpose-built facility allows for the separation of children by age group to optimize play and learning. With about a 50/50 mix of private pay vs. subsidized students, this business is able to serve the needs of the entire community and currently has a waiting list for new clients. This is NOT a franchise - company was built from the ground up to fill a gap in the local area. The experienced FT and PT staff focuses on child development through education and nurturing.

 

   
Year Business was Established: 2005
   
Number of Employees: 10 FT/ 10 PT  
   
Facilities / Terms of Lease: This 3468 sq ft facility is located on just over 2 acres and provides ample room for kids to play outside. Plenty of parking and great central location. Facility includes separate infant room, full kitchen, and administration space. Property is not included in sale price but is available for sale at $525,000. Property sale will be represented by KW Commercial.  
   
Potential Growth/Expansion: The business is currently licensed for 96 children based on the square footage of the facility. There is ample land to expand the current facility to accommodate more.  
   
Competition: There is HUGE demand for quality childcare in this area and very little competition.  
   
Owner willing to finance: Lender pre-screened with $48 K down.  
   
Owner willing to train: Will train for 2 weeks @ no cost.  
   
Reason for selling: Owners are retiring.  
   
Seller Reference Number: 2006-15110
BusinessMart.com Listing Number: 244678
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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