|Property TypeBusiness For sale||Year Built-|
- Proparty Sub CategorieEducation and Child
- Asking Price239000
- Cash Flow100149
- Gross Revenue497886 sqft
- InventoryIncluded in asking price
- LocationSanta Cruz, CA
- Real EstateOwned
- Building SF2456
- FacilitiesFree-standing building, zoned Residential but legally permitted and converted to a commercial property, specifically for a Child Day Care/Pre-School business. Property is approx. 2500 sq ft of usable square footage with multiple play rooms, bathrooms, kitchen, laundry room/storage, and outside play areas. Lot size is 8,712 sq ft. Approx. 15 parking spaces, front & rear entrances, large outdoor wood decks, some fire sprinklers, central gas heating, composition roof, some double pane windows, high ceilings, natural light, wood perimeter fencing and ample outdoor storage.
- CompetitionOther Day Care/Pre-School (after school care) businesses in the county, however, this opportunity offers the real property (building) for sale too. Consistent Gross Income of nearly $500,000 annually for past 4 years.
- Growth & ExpansionGreat potential to increase students and revenue. Potential to take on more kids per state license and increase bottom line. Location has been established as a Day Care since 1988 (32 years). Potential to increase net profit by marketing/advertising. Current owner does not advertise.
- Support & TrainingOwner will provide training. Ideally, a buyer should have prior Day Care/Pre-School experience and/or teaching credentials (units) to work with young children.
- Reason for SellingRetirement
Established since 1988, this Day Care/Pre-School business is located in Santa Cruz County with convenient freeway access and an ideal central location in the County.Exclusive opportunity to purchase a long time running, successful, and profitable Day Care/Pre-School business. The premises offers a commercial property that has been legally permitted and converted from Residential to a full service Day Care business. Location offers approx. 2500 sq ft of real property on an 8,712 sq ft lot, with approx. 15 parking spaces, multiple entrances, 2 stories, 4 large play rooms, a full kitchen, 2-restrooms, expansive wood decks, and outside play areas with play equipment/sand box. Fully functional property provides a safe, fun learning environment for the children.Business is state licensed for up to 44 children. Providing services for ages 2 - 6 yr olds. 1 working owner and 4 teachers. Literature based curriculum with emphasis on communication & celebration of life. Hours are Weekdays from 7:30am - 5:30pm. Business has a website but does not do any advertising. Potential for new buyer to advertise and promote social media and increase capacity of students.Staff consists of 1 full time working Owner/Teacher/Director and 4 Full Time Teachers. New buyer to apply for State License. Seller will train new buyer, time period is negotiable. Potential to increase revenue by enrolling more students to run at full capacity. Premises are offered with all FF&E included. This is a turn-key business, ready for a new energetic, enthusiastic buyer.Owner/Director has poured her heart into the children's learning experience and is ready to pass the torch to a motivated new buyer!Real Estate and building are included in the sale. Business and Real Property sold together. Separate asking [price for the Real Estate. Oewnrr of the budsiness also owns the Real Estate.A buyer can apply for an SBA Loan with a local Lender/Bank that specializes in offering financing to acquire a small business that includes Real Estate. *Contact agent for details.Sale is highly confidential. Buyer must sign an NDA, complete a Buyer Profile and provide proof of funds or financial statements. Private tour of the premises can be arranged once NDA is signed.*Sellers Financial info is from year 2018. Year end 2019 figures being prepared now.
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