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Thriving Franchise Daycare - Pre-2020 Sde Over 400k! For Sale

Chicago, Illinois, US
Asking Price:
$1,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,296,239
Cash Flow:
$248,375

This business is quickly returning to pre-covid earnings of 408k in 2019 and 610k in 2018. Excellent opportunity to own a highly successful early- childhood education & daycare franchise. Located in one of the most desirable neighborhoods in Chicago, this Cognia TM accredited business prides itself on providing a proprietary curriculum design paired with state-of-the-art technology. The franchisor has a sterling reputation amongst its franchisees for being helpful and accommodating, and for offering exceptional marketing and online advertisement support. This business withstood the challenges of 2020 and is poised for a bright future. They are currently operating at only 50% capacity and revenue is already on track to exceed pre-pandemic levels. While an active owner is always preferred, this business has 2 directors and a staff that is capable of handling day to day operations. The facility is impeccable, and all State and CDC guidelines are followed to the mark. The location is set in a popular Chicago neighborhood which is attractive to young families because there is great access to transportation and single-family homes are widely available. This business is profitable and there is plenty of room the expand. Furthermore, a new owner will likely qualify for State grants that are expected to continue in the near term. Please email [email protected] to sign a NDA and receive more information.

Property Information

Real Estate:

Lease

Lease Rent:
$21 per sq ft per annum
Location:

NW Chicago Neighborhood - Convenient Location - Easy Drop-off / Pick-up.

Premises Details:

Built out in 2015. Contains 12 classrooms, 1 gym, 1 kitchen, 1 laundry room, 1 staff lounge, lots of storage. Outside we have a parking lot, a gated deck overlooking the river, and we’ve ordered the equipment to add an outdoor playground as well.

Size in square feet:
17,500

Business Operation

Expansion Potential:

There is plenty of excess capacity at the current location and an ambitious owner can pursue multiple location in the future.

Competition / Market:

This daycare is a dominant player in their area. They have a beautiful facility and phenomenal location.

Reasons for selling:

Career change

Trading hours:

Monday - Friday 7:00 AM - 6:30 PM

Employees:
35
Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The franchise provides training and support and the seller is committed to a smooth transition.

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