Child Care Center (Franchised) well run in growing Lake County (Cleveland Metro)
| Asking Price: | $205,000 | Inventory: | $3,000 ++ |
| Gross Revenue: | $411,221 | Real Estate: | n/a |
| Cash Flow: | $105,211 (comments below) | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Net of estimated franchise fees. | |||
A well run Cleveland Suburb Child Care Center operated under a recognized franchise name in its community. It is located in the growing Lake County which is part of the Greater Cleveland Metron area. This child care center is in a commercial park and is well positioned to cater to the needs of working parents. The business was established in 1997 and has experienced a steady growth which is driven by the quality of its services and its reputation. The current child enrollment is about 60 and its capacity is for 66 children. The 2008 revenues of the business were $411,221 with a cash flow to the owner in about $105,000 (net of the estimated franchise fee). The business is operating under a well designed educational and child care program designed by the Franchisor that is received well and appreciated by its clients. Recently this child care center received an approval to Ohio State's "Step Up to Quality" program. This distinction will allow the business toke advantage of the program's offerings.
About the Business
Year Established:1997
Facilities:The business is located in a commercial park in a stand alone structure with ample green lawn around it. The equipment and facilities are well maintained.
Market Outlook and Competition:The day care business is a well established business serving a fundamental need of working families. Well run reputable child care centers with well designed programs are bound to do well in these tough economic times. Owners committed to this business are bound to success especially when having the support of a well structured franchising program.
About the Sale
Management Training and Support:Seller and Franchisor will train as necessary and will also support the buyer under the franchise program.
Reason For Selling:Seller wishes to expand their business activities in the Child Care services industry.
Seller Financing:May consider depending on the Buyer's credit worthiness and the deal structure.
KEYWORDS: Child Care Center, Day Care Center, Lake County, Eastern Cleveland Suburb, 44060, Growing, Reputable
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