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Profitable Vancouver Island Daycare Facility For Sale

Victoria, British Columbia, Canada
Asking Price:
$950,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$748,869 (CAD)
Cash Flow:
$265,404 (CAD)

This Victoria Daycare business has been highly rated, profitable, and making a positive impact on the community since they opened their doors more than 5 years ago. Situated in an ideal location within a suburban community, they are in high demand with a very lengthy waiting list.

The 4,300 square foot, well-designed, impeccably decorated daycare facility is licensed for 80 children. The stunning space coupled with the quality, educational care offered by its staff is highly sought after. As anyone who’s worked in childcare will know, employees make all the difference. The facility boasts an above average staff retention rate, as they only select the highest quality and caring educators. In addition, the owner took initiative and has largely solved the employment issue common to this industry by using the LMIA program to recruit highly trained immigrants to work as ECEs.

With revenues averaging $772,000 and Discretionary Earnings of more than $260,000 this business is run extremely efficiently although there is still untapped opportunities to grow revenue and to increase the bottom line.

With the strong staffing, incredible location, and lasting reputation, this business is turn-key and ready for a new owner to capitalize on the tremendous growth opportunities.

Property Information

Real Estate:

Lease

Lease Terms:

Current lease is renewed with 5 years remaining, and 5 year renewable.

Location:

Victoria, BC

Premises Details:

The business is conveniently located in a highly populated suburban community in Victoria, BC. With many schools nearby, it is perfectly situated to fill childcare void in the neighbourhood. The facility around the corner from a large park, has designated parent parking, and boasts large indoor spaces, it is the ideal location for a childcare centre.

Size in square feet:
4,300

Business Operation

Reasons for selling:

Pursuing other interests

Employees:
13
Years established:
6

Other Information

Support & training:

As needed

Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price
Website:
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