Listing ID: 76129
Wow- just reduced the asking price for this business franchise for a fantastic opportunity! Was reduced for fast sale – SELLER WILL CARRY with $200k down! This sale is due to relocation! The franchise with 2 location day care centers with income from a 3rd location -includes inventory and FF&E. Each well-established childcare center provides loving care with an age-appropriate curriculum. There is supervised play with fun activities in a wholesome atmosphere for each center. The best part is that this care is provided with affordable rates! An extensive base of children and parents alike appreciate the safe surroundings each center offers. The income listed is for the franchise income only. This is a super opportunity for a buyer to own the franchise and make their own rules!
- Asking Price: $425,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $80,000
- Inventory: $1,000
- Inventory Included: Yes
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,807
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
The 2 day care centers are close by to each other. The seller is selling the entire franchise with the 2 locations with a 3rd income
The day care centers are different from most day care centers so there is little competition
This Business Is An Established Franchise
The venture was founded in 2008, making the business 14 years old.
The deal shall include inventory valued at $1,000, which is included in the requested price.
The business has 10 employees and is situated in a building with estimated square footage of 2,807 sq ft.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell businesses. Nevertheless, the real reason and the one they tell you might be 2 entirely different things. For instance, they might state "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or an array of various other reasons. This is why it is really crucial that you not rely totally on a seller's word, however rather, use the seller's answer in conjunction with your overall due diligence. This will repaint an extra realistic image of the business's existing situation.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies take out loans in order to cover points like inventory, payroll, accounts payable, and so on. Remember that occasionally this can suggest that earnings margins are too thin. Lots of businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that have to be fulfilled or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new customers? Many times, businesses have repeat clients, which develop the core of their everyday revenues. Specific aspects such as brand-new competition growing up around the location, roadway building, and also staff turnover can affect repeat customers and negatively affect future revenues. One vital point to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the greater the opportunity to construct a returning customer base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Just how might the regional median house income effect future income potential?