This listing has been marked as Conditionally Sold

Two Daycares In Leased Premises - To Be Sold Together

Not on MLS®

$2,880,000

Sale of Business in Brampton, ON

Itai Hammer

Realtor

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Listing Details

About the Business

Support and training for new ownership:

To be discussed

Reason for selling:

Retirement

Description

Our group had signed an Exclusive agreement to sell the following daycares in Brampton. See information below. High Producing - Brampton Daycare for Sale - Leased Premises – 2 locations (to be sold together) General business info: Operating with excellent reputation since 1981. Owner to work with purchasers on transition plans on a Share Sale Any change to lease terms can be discussed with the LL during DD. Signed on to the CWELCC program. Before and after program to be discussed Waiting list in place and available during DD. Ample free parking Location 1 North Campus: Current lease: 3.5 years remaining. Size: 7908 SF with 9055 SF playground divided into 3. Playground done by Bienenstock Natural Playgrounds (Value: $300K) 8 classrooms - 6 of them have direct exits to the playground. Room breakdown: 1 infant room – (10), 4 preschool rooms (16, 16, 16, 24), 3 toddler rooms (15, 15, 15), 2 offices, 1 staff room, 1kitchen 26 employees include teachers, 1 cook, 2 supervisors. Licensed for 128 kids. Location 2 South Campus: Current lease: 5 months remaining; new lease expected shortly with 5-year term. Size: Approx. 4000 SF daycare with additional 1296 SF hall licensed for school age children, with 2600 sf playground divided into 2. 5 classrooms. Room breakdown: Main floor - Preschool (24), 2 toddler rooms (with an option to switch), 1 maintenance room, 4 storage rooms, 1 office, and a staff room. Second floor – 1 toddler room, 1 school age room, and a kitchen. 13 employees include teachers, 1 cook, 1 supervisor. Licensed for 78 kids. Total asking price: $2.88 M. (More information is available to serious buyers. NDA needs to be signed) Drive with info will be available to serious buyers Visit our website for more daycares and other opportunities ihammerrealestate.com

Location & nearby

This listing is located in Brampton, ON

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