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National Franchise Childrens Day Care Center in a prime area of central Michigan with a 2017 gross income of $958,526 and a net yearly income of $83,000 to the owner operator. The Learning Experience franchise is a highly successful day care organization and offers full training & support to its franchisees. The Learning Experience is an award winning national childrens 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 approximately 10,000 square feet with a capacity for 175 children and a 11,000-square foot outdoor play area. The center has an existing child enrollment of 110 and can further develop with an appropriate marketing campaign. 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 industry requires state government agency approval to purchase. This business has approximately twenty-two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll of approximately $38,727. The business has an assignable commercial lease which expires June 30, 2032 plus 2 five-year options. The current monthly base rent of $23,315 plus cam, cost per square foot $27.97 and rent security $40,000. This day care business is in a free standing single commercial unit with numerous other businesses in the general area and the facility consists of a modern 11,000 square foot building and has a capacity for approximately one hundred & seventy-five (175) children. The business fixed assets has an estimated value of approximately $170,000 which is specifically based on equipment and licensing replacement cost replacement cost. The sale consists of a fully equipped day care center with state of the art design consisting of multiple classrooms, modern children lavatories, furniture, indoor and outdoor play areas, computer system and a specialized curriculum for this center and a list of assets will be supplied to purchaser upon request. The business facility has appropriate private mall parking as part of the lease agreement. The business is active five days per week, with hours from 6:30 am to 6:30 pm. The sale includes state license approval, a certificate of occupancy from the municipality and the required city licenses to conduct its day to day business. The business has been valued at $165,000 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. 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 particular business.
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