Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Frachise Day Care Center
(Educational, Day Care)
Orange County , NC
Listing ID: DYCR584

Listing DetailsGross Revenue: $ 1,459,271
Cash Flow: $ 143,593
FFE: $ 517,825 (Included in Price)
Franchise Info: This business is an established franchise
Reason for Sale:

The owner’s partnership are semi absentee, not involved in this business.


Training & Support:

The seller/ owner will remain post-closing to supply a transitional period also, franchise training is required.


OperationsYear Established: 2014
Days & Hours of Operation: Mon.-Fri. 6:30am-6:30pm
Non-owner Payroll: $ 49,000
Employees: 25
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 43000
Monthly Rent: $ 24,503
Square Footage: 10000
Facilities:


The business is located in Orange County, North Carolina, in an active commercial area with various highly populated affluent communities and continued demand for this particular personal service industry. The facility is ultra modern, with a beautiful design, consisting of multiple classrooms for each age group. The center has a full commercial kitchen; modern children & adult bathrooms and large indoor & outdoor children’s play areas. The facility has been built as a high capacity profitable children’s day care center.


SummaryBusiness Description:
Wonderful business opportunity for this National Franchise Children’s Day Care Center in a prime area of Orange County North Carolina with a 2018 gross income of $1,459,271 and a net yearly income of $143,593. This franchise is a highly successful day care company and offers full training & support to its franchisees. The franchise is an award-winning national children’s day care franchise company known for excellence in child care and 27 years of experience with servicing families. This center offers an optimal environment for children to learn and grow with a customized curriculum. This center is a state-of-the-art child development center consisting of 10,000 square feet with a capacity for 145 children. The center projects a present children enrollment of 95 by December 2018. This day care franchise is considered the best in the industry, designed for a substantial net profit to the owner with continued growth opportunity. This business has twenty-five employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll of approximately $49,000. The business has an assignable commercial lease which expires 2036, with a monthly rent of $24,503, all in, $24.75 per sq. foot, rent security of approximately $43,000. The business is active five days per week, with hours from 6:30 am to 6:30 pm. The business has been valued based on a multiple of the business net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Purchaser responsible for franchise transfer fee is $25,000. This is a remarkable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a continued and substantial investment return to the onsite owner operator, prior to debt service. 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 may not represent this business.

 


Competition:

The franchise has a geographical non-compete restriction and to the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply a non-compete agreement to the purchaser.


Potential Growth:

The business can be further developed with on site ownership and a more aggressive marketing plan and an improved web site.


Financing/Terms:

Seller financing is available to qualified buyer