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Profitable Childcare Center Contributes to the Community

Milwaukee, Wisconsin (Milwaukee County) (relocatable)

Services - Educational Services | Services - Social Services

$Seller Financing Available

Asking Price $600,000 Inventory  
Gross Income 496,174 Real Estate  
Cash Flow $54,800 Year Established 2006
FF&E $36,760* Employees 1 ft,20 pt

* included in the asking price

** not included in the asking price

This is child care center started 2 years ago by present owner which accommodates 70 children on one shift, with 2 full shifts 7 days a week. Hours are 6 am until 1 am. Transportation is provided to almost all children between home, daycare, and school. Some of the children's mothers work at the daycare and ride along with their children. Children are divided according to age groups and there are varying ratios of staff to children according to kids' ages. Meals are served as well as snacks. Most of the children who attend are on one of two government programs and are totally subsidized. They are (1) Attendance Based where the daycare is paid for the hours the child attends, or (2) Enrollment Based where the daycare is paid for 40 hours/week as long as the child attends at least 20 hours/week. Checks are a sure thing this way. The state of Wisconsin is proposing a Star system whereby daycares that are well run could get more subsidies if they rate a 4 or 5 star. This is well run and could be ranked as such. WE'RE HIRING: SEEKING EXPERIENCED BUSINESS PROFESSIONALS TO JOIN OUR VR SALES TEAM AS A BUSINESS INTERMEDIARY. PLEASE CALL: 262-347-2083.

Facilities: 4500 sq ft in a strip mall on a busy road. Lease is $3600/month and the only other expense is utilities. Lease is up 1/31/2012

Competition: Busy road in a high density population area. Great visibility on this busy road for walk-in possibilities.

Seller Financing Available: Yes

Financing: Partial financing to qualified buyer

Support/Training: Two present managers would be willing to stay on until Septmenber of 2009 to train new owner and aid in a smooth transition.

Reason Selling: Owner does not want to run day to day operations without his present managers.

Business For Sale By

Tim Bullard

262-347-2083

VR Business Brokers

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