
Unknown, ON
$500,000 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Lot Size
0.04152892561983471 ac
Exceptional opportunity to acquire a turnkey childcare business in Nanaimo! This fully equipped facility holds three distinct licenses: 18 Group Daycare, 20 Preschool, and 20 Out of School ( OSC ). By staggering preschool during school hours, the center is approved for a maximum capacity of 38 children at one time. The business is highly active with 56 children currently enrolled. The incoming operator will take over these active enrollments upon successful re-licensing. The seller has consulted with the Island Health office, confirming that the re-licensing process takes approximately 2 weeks. The facility features approximately 1,809 sq ft of usable interior space, including a main play area, a separate OSC clubhouse, office, kitchen, and washrooms. Outside, the property boasts a spacious 2,074 sq ft dedicated playground. A major advantage of this business is its exceptionally low overhead - monthly rent is only around $2000. The current lease expires next year, offering the buyer a prime opportunity to negotiate a new lease with the landlord. The sale includes all business assets to ensure a seamless transition, including two transport vans. Confidential listing. Please do not approach the facility or staff. An executed NDA is strictly required prior to the release of the business name, exact address, or additional documentation. (id:66811)
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Monthly debt service
$2K
Projected NOI
$36K
Annual cash flow
$9K
Cash-on-cash
5.86%
DSCR
1.32
Going-in cap
7.30%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
70,027
Households
27,571
Median income
$65,500
Median age
38.7
Daytime population
106,073
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.