Northwest Indiana: Child Development Center with real estate $1,500,000.
Location: Indiana > Lake County
Industry: Educational > Day Care Centers
Financials
Asking Price: $1,500,000
Gross Revenue: $800,000
Gross Revenue Comments: increasing trend in revenue
Cash Flow: $82,000
FF&E: $10,000 (Included in Asking Price)
Business Summary
Child development center highly regarded by families, peers, and state regulators. Serves Northwest Indiana,nearby Illinois communities. Licensed for 150. 150 enrolled, with waiting list. Increasing profitability. Within 3 mile radius: 3,000 students age 0-4; $60,000 median household income; 30,000 population. Clean, bright, modern brick building designed for secure/safe learning environment. Located in a peaceful setting in a business office park of professionals. 9,100 sq. ft., with 2100 sq ft attached outdoor play areas. Convenient access to Interstate highway. Nearby: major retail corridor, regional medical center, Purdue University.
Motivated/caring administrative and instructional staff.
Lead teachers with degrees in early childhood education. Staff will stay. Owner will consult during a 30 day transition period. Real estate, FFE sold only with the business.
About the Business
Year Established: 2003
Employees: 26 full time -
Home Based: Yes
Facilities: 9100 sq. ft. brick building, 2200 sq ft attached outdoor play areas. Clean, bright modern building. Located in office park of professionals.
Market Outlook and Competition: Most professional center in the area. Location in professional, medical, commercial corridor, with nearby growing residential areas, assures continuing demand for child care services.
About the Sale
Management Training and Support: Owner will consult, at no charge, during a 30 day transition period
Reason For Selling: Owner retiring

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BizQuest ID:897055
Business Listed By
Name:Daniel Root
Company:Re/Max Commercial Property
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