newly renovated clayton county childcare center ... executive summary newly renovated and gorgeous,

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  • Profitable Independent Center Available at $1,500,000

    Newly Renovated Clayton County

    Childcare Center

    Judy Mims, Broker 404-842-1997

    judy@childcare.properties www.childcare.properties

  • Table of Contents

    Executive Summary 3 Photographs 4 Business Description 5 Floor Plan 6 Financial Summary 7 Photographs 8 Elementary Schools 9 Traffic Counts 10 Demographics 11 About Childcare Properties 12

  • Executive Summary

    Newly renovated and gorgeous, this center was originally built in 1988. Located on a major road in Clayton County, and across the street from an elementary school, this 7,584 square foot center is open, operating and profitable.

    The center, which is licensed for 167 children, offers nine classrooms, two playgrounds, and an outdoor patio. Currently there are about 110 children enrolled. Bathrooms are located within the age appropriate classrooms. The center also features a central cafeteria and a nicely equipped kitchen.

    Located on 1.39 acres, the center is located only 1/3 mile from busy Tara Boulevard. The property is zoned MX (mixed-use district) and is connected to the Clayton County water and sewer systems.

    The center enjoys one Georgia pre-K class and they participate in the Federal Food Program and accept CAPS children. They have begun the process of becoming Quality Rated through the Bright from the Start program.

    This center is being sold as a profitable, independent child care center. The purchase price is supported by the cash flow.

  • Photographs

  • Business Description

    Licensed for 167 children, there are currently about 110 children enrolled.

    The center operates year round Monday through Friday from 6:00 am to 6:30 pm. They enroll children from six weeks of age to twelve years old.

    The center accepts DFACS children and participates in the federal food program. There is one Georgia pre-K class.

    There are twelve full-time and seven part-time employees. There is also a full time director, who will not remain after the sale. There are two assistant directors, who may stay. Employees are paid $9-$11/hour and have the benefit of reduced cost child care for their children Currently there are two employees using this benefit.

    All furniture, fixtures, equipment and one 30-passenger bus are included in the purchase price. The center picks up afterschool children from all the nearby elementary schools.

    The center enjoys an excellent reputation in the community.

  • Floor Planfloor plan

    Classroom #1

    Cap. 11

    Cafeteria Aft Sch Cap. 27

    Classroom #5

    Cap. 12

    Classroom #2

    Cap. 11

    Classroom #3

    Cap.10

    Classroom #4

    Cap.11

    Lobby

    Kitchen

    Classroom #8

    Cap. 22

    Classroom #6

    Cap. 14 Classroom

    #9 Cap. 24

    Classroom #7

    Cap. 25

  • Financial InformationFINANCIAL SUMMARY LITTLE CREATIONS LEARNING CENTER

    2017 2016 2015 Revenues 677,520 664,521 139,749 Net Income 64,828 86,489 12,841

    EMPLOYEE EXPENSES

    Wages 299,843 (44%) 277,069 (42%) 67,620 Payroll Taxes 28,789 26,990 74,826

    ADD BACKS

    Professional Fees 2,625 1,875 900 Charity 150 Consulting 19,400 8,100 Interest Expense 2,895 912 Rent 140,563 104,761 1,895 Totals 162,738 117,631 3707

    SELLER’S DISCRETIONARY EARNINGS

    Net Income 64,828 86,489 12,841 Add Backs 162,738 117,631 3,707 SDE 227,566 204,120 16,548

    REVENUE BREAKDOWN FOR 2017

    1. Parent paid tuition $6000.00 -$7000.00/ weekly 2. GA pre-K revenues $7708.18 /monthly 3. CAPS revenues $4,400.00 /weekly 4. CACFP (food program) revenues $5898.33 /monthly

  • Photographs

  • Subject Property: 551Hwy 138, Jonesboro GA

    Enrollment Capacity % of Capacity ➊ E J Swint Elementary School 715 750 95% ➋ George Kilpatrick Elementary School 724 650 111% ➌ Callaway Elementary School 918 900 102% ➍ Lee Street Elementary School 534 500 107% ➎ J W Arnold Elementary School 677 475 143% ➏ James Jackson Elementary School 1,071 900 119% ➐ Lillie E. Suder Elementary School 733 775 95%

    Hudson Bridge Day Care 1801 Hudson Bridge Rd, Stockbridge Ga Capacity 238, Tuition $135-140, GA Pre-K, CACFP

    ➊ Quilla Academy 1071 Jodeco Road West, Stockbridge Ga Capacity 268, Tuition $125-150, GA Pre-K ➋ ABC Early Learning Academy 110 N. Park Trail, Stockbridge Ga Capacity 162, Tuition $140-155, GA Pre-K, CACFP

    ➌ The Sunshine House #64 300 Eagles Pointe Parkway, Stockbridge Ga Capacity 171, Tuition $153-173, GA Pre-K, CACFP

    ➍ Bright Generations at CCC 2480 Patrick Henry Pkwy, McDonough Ga Capacity 92, CACFP

    ➎ Calvary’s Harvest Christian Academy 3621 Jodeco Road, Jonesboro Ga

    1 M ile

    1½ M

    ile

    Map of Elementary Schools

  • 1½ M

    ile

    Traffic Counts

    1 M ile

    ➌ ➍

    ➎➐

    The aerial photo above has indications of the subject property (indicated by ) and various traffic reporting stations within a 1½ mile radius. The most significant reports are from station #1, to the west of the subject location. In 2016 that station had 28,100 vehicles per day. The other stations are included for context and comparision.

    The numbers (which represent the average annual daily traffic) are generally high and consistant over the 26 year history of the reports beginning in 1990. In 2016, the other surrounding sampling stations show these vehicles per day counts:

    #2 14,600 #3 21,600 #4 25,700 #5 59,500 #6 59,600 #7 23,900

    The geographic location of the subject property is fortunate in that it is close to the east side of the Flint River (visible on the map as a green area to the west, and Jester Creek to the north). This barrier continues north and south for miles and consequently a great deal of traffic funnels down and is concentrated on Hwy 138 and the subject property.

  • Demographics

    Subject Number Percent Number Percent Number Percent Number Percent

    AGE Total population 10,211 33,571 78,912 3,538,924   Under 5 years 1,054 10.3 2,982 8.9 6,756 8.6 249,731 7.1 5 to 9 years 872 8.5 2,762 8.2 6,628 8.4 249,300 7 10 to 14 years 920 9 2,895 8.6 6,999 8.9 244,232 6.9 15 to 19 years 599 5.9 2,038 6.1 5,342 6.8 243,662 6.9 20 to 24 years 802 7.8 2,500 7.4 6,731 8.5 247,778 7 25 to 34 years 1,535 15 5,016 14.9 11,767 14.9 543,754 15.4 35 to 44 years 1,557 15.3 4,901 14.6 11,029 14 535,367 15.1 45 to 54 years 1,234 12.1 4,371 13 10,198 12.9 507,449 14.3 55 to 59 years 625 6.1 1,983 5.9 4,541 5.8 209,589 5.9 60 to 64 years 538 5.3 1,737 5.2 3,390 4.3 177,236 5 65 to 74 years 341 3.3 1,675 5 3,654 4.6 201692 5.7 75 to 84 years 94 0.9 530 1.6 1,361 1.7 92174 2.6 White alone 2,738 26.8 8,157 24.3 16,298 20.7 1381751 39 Black or African American 6,169 60.4 21,720 64.7 54,890 69.6 1467901 41.5 White (alone or in combination) 3,002 29.4 8,848 26.4 17,563 22.3 1675422 47.3 Black (alone or in combination) 6,480 63.5 22,427 66.8 56,246 71.3 1513706 42.8 Asian (alone or in combination) 249 2.4 1,072 3.2 3,160 4 242957 6.9 HISPANIC OR LATINO (ANY RACE) Hispanic or Latino of any race 2,062 20.2 5,569 16.6 10,441 13.2 415,430 11.7 FAMILY INCOME AND BENEFITS Family households 2,193 65.1 7,382 64.8 17,062 65.9 822,488 63.7 Less than $10,000 313 14.3 791 10.7 1,653 9.7 44,177 5.4 $10,000 to $14,999 245 11.2 698 9.5 1,376 8.1 27,258 3.3 $15,000 to $24,999 299 13.6 984 13.3 2,517 14.8 66,759 8.1 $25,000 to $34,999 263 12 873 11.8 1,812 10.6 75,622 9.2 $35,000 to $49,999 284 13 1,263 17.1 2,924 17.2 103,407 12.6 $50,000 to $74,999 392 17.9 1,432 19.4 3,505 20.5 142,131 17.3 $75,000 to $99,999 201 9.2 753 10.2 1,740 10.2 103,501 12.6 $100,000 to $149,999 108 4.9 400 5.4 1,181 6.9 129,151 15.7 $150,000 to $199,999 58 2.6 141 1.9 265 1.6 59,271 7.2 $200,000 or more 30 1.4 46 0.6 88 0.5 71,211 8.7 Mean family income $47,957 $47,295 $48,474 $92,644   CHILDREN WITH ALL PARENTS WORKING (Own) children under 6 1,132 3,338 7,588 290,830   All parents working 555 49 2,179 65.3 4,971 65.5 196,684 67.6

    25-mile radius from

    Downtown Atlanta

    1-mile radius of 551 GA-138 Jonesboro

    2-mile radius 3-mile radius

  • Integrity Experience Service In order to best focus on the needs of her clients, Judy Mims formed Childcare Properties, LLC in 2014. Dedicated to providing the highest levels of integrity, experience and service for the childcare industry in the Atlanta metro area, Childcare Properties, LLC focuses exclusively on childcare facilities, preschools, Montessori and private schools.

    With over a fifteen years of experience in this industry, and her background in business brokerage and commercial real estate, Judy understands the role each of these plays in the proper valuation of your center. We look at both business value and real estate value to ensure that we go to market at the highest value that can be supported.

    We develop attractive marketing brochures that pro

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