Originally established in the early 1900s to provide groceries to a small town. Today it is the go to place for meals, groceries, bakery goods, coffee and the list goes on in one of the most thriving vacation destination areas in the southeast. They are a hybrid of restaurants, retail, wholesale and more. Revenue has grown steadily from $1.3M in 2009 to a projected $6.6M in 2017 after a record year of $6M in 2016. The owner’s discretionary earnings have also grown accordingly with 2016 coming in at $864,000 and 2017 projected to exceed $900,000. We are asking $3,300,000 for the business. This is a full turn key operation with an unprecedented reputation for the many second homeowners and vacationers that visit this area twelve months a year.Status: SOLD, Contact: Matt Wochele, CBi C# 404-863-2200 or J Snypp # 404-966-5989.
Category: Day Care
Daycare Center Athens- SOLD
Price reduced to$600,000 from $750,000 original owner is ready to retire. He opened this center 37 years ago. It is well respected in the community. They are licensed for 121. The revenue in 2007 was $507,000. This was a slow year for the center. They averaged only 75 children, however, the center’s cash flow to the absentee owner was close to $70,000.If the new owner is a full time operator than one of the two directors salary would add $25,000 to the cash flow.There are two Pre k classes. The real estate is included in the price. It is a well maintained 5800 SF building on .6 of an acre. The owner is willing to do between 10% and 70% financing. Asking $600,000 Contact Matt Wochele 770-551-8208 Status: SOLD
Franchise Day Care – Gwinnett County
Established franchise daycare business with 174 children currently enrolled, located in a rapidly growing area of town. Licensed for over 200 this completely equipped facility has room to grow. Offerings range from care for six week old infants through after school care for older children. Fully staffed with high quality, experienced employees who wish to stay with the business. 9,888+/- square foot building situated on 1.48+/- acres with ample parking, segmented outdoor play grounds (fenced), complete commercial kitchen, and beautifully maintained inside and out. The classrooms are stocked with age appropriate, quality materials and equipment. Fixtures and current stock of supplies are included in purchase price.
Sellers Discretionary Earnings: $237,000
Asking Price: $1,899,000
J. Snypp 404-966-5989