North Fulton Childcare Center For Sale or Lease
North Atlanta, Georgia
Financials
Asking: $1,250,000
Included in the Asking Price: Real Estate: $1,250,000
Gross: Not Disclosed
Cash Flow: Not Disclosed
Summary Description
This is an excellent rare opportunity to own (or lease) and operate a beautiful childcare business in North Fulton. This will be a totally free business sale with the sale or lease of the real estate. It is licensed for 150+ children and has three Georgia Pre-K rooms that will continue to the new tenant/buyer. This Center offers day care services for Infants to Pre-K and After-School programs. Call for details - especially if you already have a day care center or have childcare experience. For the past 5 years, this center has been operated as part of part of a large chain system that has 100+ locations. They are not renewing their lease and are vacating the space at the end of May. The current tenant lease payment is $11,028 per month in a triple net lease. The current tenant does have a concern about the current customers and efforts will be made to notify the current parents of the new tenant/buyer.
Year Established: 1995
Facilities: This is a 9,000 sq. foot brick facility in excellent condition. It was built as a day care center. It is highly visible with 188 ft of road frontage on a very busy road that s only one mile from GA 400. Many commuters going to/from work home will pass within 0.2 miles of this childcare center for their commute. There are eight large classrooms, large entry reception & office, wide hallways, lots of parking, and large playground area. The lot is 1.35 acres. Furniture and equipment will have to be purchased separately.
Market Outlook
Growth and Expansion: Elementary School with 800 students is on the same road and only 0.4 miles away. The center is currently managed by an employee of the national chain. Since many parents like to deal with an owner, we would expect an owner operator would manage the business better than an employee.
Reason Selling: Current National Childcare chain is not renewing lease.
West Metro Atlanta Day Care * Priced To Sell
West Metro Atlanta, Georgia
Asking: $2,500,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $100,000
Real Estate: $2,900,000
Gross: $820,000
Cash Flow: $220,000
Summary Description
This is a beautiful facility that offers programs for infants through kindergarten. It has one Ga Pre-K and one private Pre-K class as well as an active after school program. Licensed for 236 with a current enrollment of 110. Built in 2005 the facility was appraised at $3,500,000 in 2006. With the asking price of only $2,500,000 the center offers a huge upside investment for the new owner.
Year Established: 2005
Employees: 15
Facilities: Beautiful 4 sided brick, 18,000 square foot facility on over 1 acre. Only 4 years old. Great location, lots of parking.
Market Outlook
Growth and Expansion: Licensed for over 200 the center has lots of room to grow.
Support/Training: Smooth transition to new owners.
Reason Selling: Owners relocating
Childcare Center * Absentee owner * Profitable
South Metro Atlanta, Georgia
Asking: $1,600,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $80,000
Real Estate: $1,400,000
Gross: $615,000
Cash Flow: $207,000
Summary Description
Well established center with good reputation. Licensed for 222. Current enrollment 120. Has 4 Georgia Pre-K programs and the food program. Absentee owner.
Year Established: 1990
Employees: 18
Facilities: Excellent condition... 9,800 sq.ft building designed and built as a day care on nearly 2 acres. Easy access and plenty of parking.
Competition: Solid reputation and consistent enrollment.
Growth and Expansion: Licensed capacity allows for significant growth. New active owner could improve on sales and marketing done by current absentee owner.
About the Sale
Financing: Some seller financing for qualified buyer.
Support/Training: Smooth transition for new owner. Existing director will stay for new owner if desired.
Reason Selling: Other business obligations.
Click to Download:
Personal Financial Statement (This is a SBA form and is accepted by all SBA Lenders.)
Confidentiality Agreement (A Confidentiality Agreement will need to be signed for each business that you are interested in. This one is blank, so you will need to write in the Business Title, ID, & Price sections as well.)
Call Ron Yurick of Childcare Brokers
at (770) 667-2475 today!
