Description

Most unusual business opportunity to own this modern highly successful Children’s day care / Pre-School franchise center located in a wonderful area of Michigan. The center has a projected 2017 gross yearly income of $ 1,029,000 and a yearly net income of approximately $98,500. This franchise is recognized as the premier children’s day care center offering the highest quality service to the children it services. The center consists of a 10,600-square foot facility, with a state of the art design to maximize its highest and best use. This business is licensed for 155 children and presently has 92 children enrolled. This Day Care center is presently owned by an onsite owner operator, employees a full-time manager of operations and a full staff of teachers and associates. The day care/preschool center offers a twelve-month program including a full summer session. The center also offers premier child care to children ages six weeks to five years, including after school care for children up to eight years of age. The day care center is a complete child development center with a dynamic, fun environment and represents an excellent investment opportunity. The business FF&E has an existing value of approximately $250,000, consists of multiple classrooms, state of the art outdoor play area, various equipment and franchise curriculum required for quality children’s day care services. The original cost to open and for build out for a new center is estimated at $450,000, plus post working capital. The building has a legal capacity for 155 children, consisting of multiple sections. This day care center has substantial private parking at the facility as part of the commercial lease agreement. The center is operational five days per week with hours of operation from 6:30 am to 6:30 pm. The business has a long term corporate lease which expires 01/01/2028 plus additional options with a total monthly rent of $23,626.72 all in, and rental security of two months. The center is fully staffed with twenty-one experienced employees including manager, and the gross monthly payroll is approximately $39,000. Based on the selling price and net income the sale will evidence a consistent and dependable income return to purchaser. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.