Listing Number: 2301-700443
Description
For sale are the operating assets of a child care center. The seller has outgrown this space and purchased a new facility. They will be moving the majority of the students to their new school at closing.
The property consists of two buildings: The 3,411 s.f. main building has been used continuously as a child care center/preschool since 1991 and is licensed and grandfathered for 123 students. An additional 576 s.f. building was completed in 2022 and is used for kindergarten classes. If used for childcare, it should add about 12 students to the license. The 3,987 s.f. combined buildings are for sale, together with certain other business assets, subject to an assignable ground lease with the City. The lease has a remaining term, plus option, of 36 years, and is currently $1,378 per month. Seller may also consider leasing, or leasing with an option to purchase the facility. The project has been prequalified by an SBA lender as a real estate purchase/start-up with a minimal equity injection.
Listing Details
- Price: $ 575,000
- Down Payment: $575,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 500,000
- Location: Withdrawn, Florida
- Inventory: $ 0
- FF&E: $ 25,000
- Employees:
- Year Established: 1991
- Reason for Selling: Moving to a new facility
- Category: Child Care
