Price: N/A
Location: Chicago
Industry: Day Care and Children Centers
Listing ID: 40730467
Listing Status: New
A rare opportunity to own an exceptional daycare in the city of Chicago. The business is located on a major thoroughfare with good visibility, in a densely populated, affluent north side neighborhood with a large population of working professionals. This is a fully licensed operating facility. The buildout, assembling a roster of qualified staff, city and state regulations and permitting, and most importantly, enrollment, have all been taken care of.
Total licensed capacity is 64. The center is currently under capacity so any new enrollments go straight to the bottom line. In addition to the owner, one of the staff is also director-qualified. The owner can stay on as needed to help transition the business.
The school is located in an approximately 7000 sq ft facility. The landlord is very amenable and the rent is below market rate. The center is stocked abundantly with toys and learning materials and has a unique 1000 sq ft indoor playroom. There are also 3 outdoor playgrounds within a few minutes walking distance for daily play as well as for hosting community and marketing events.
A completed NDA as well as proof of financial capability is required. Owner may consider financing for qualified individuals and entities with an adequate down payment.
Down Payment: N/A
Total Sales: $999,441
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: N/A
Year Established: 2014
Days & Hours of Operation: 7 AM - 6 PM
Non-Owner Payroll: N/A
Employees: 21
Managers: 2
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $14,000
Type of Location: City retail street
Square Footage: 7000
Franchise: No
Training & Support: Two weeks of full time training is included. Owner/director can stay on as needed for up to six months.


