For Sale
$2,200,000

0000 Chestnut AveFresno, CA 93720

Profitable, 2-location childcare business.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity encompasses a portfolio of two thriving childcare centers in Fresno, California. The first location, situated on 0.81 acres at 0000 N Chestnut Ave, Fresno, CA 93720, includes both the business and real estate. This 4,960 square foot building boasts a prime location on a six-lane artery road (W. Herndon Ave), offering excellent visibility and accessibility. It holds two childcare licenses: 107 total licenses, with 77 for daycare and 30 for infant care. The second location, spanning 7,370 square feet on 0.99 acres, is also strategically positioned on a four-lane artery road (N. Chestnut Ave) and includes the business only, as the real estate is leased separately. This location also holds two childcare licenses: 103 total licenses, with 81 for daycare and 22 for infant care. Both centers are freestanding retail buildings, currently operating at 100% occupancy. The combined portfolio offers a total of 210 licenses and 12,330 square feet of rentable space, priced at $178.43 per square foot for a total asking price of $2,200,000. These established, locally-owned businesses are well-regarded within the community, requiring zero advertising. The opportunity exists to increase revenue through tuition adjustments and enrollment growth. The business model allows for absentee ownership, presenting a compelling investment prospect with significant upside potential. The property is offered under a modified lease type with single tenancy.

Property Details for 0000 Chestnut Ave

Property type
Day care centers & nurseries, Retail properties
Square Feet
12,330 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.743181477221
Longitude
-119.73633234695
0000 Chestnut Ave, Fresno, California

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0000 Chestnut Ave
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