High Quality Daycare Center For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $252000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 10 - 19
Inventory 20000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description This independent (not franchised) daycare center has an excellent reputation and a great teaching staff with a full time director. Current enrollment is around 50 children and the center is capable of handling over 100 children. Even at this enrollment level the center will provide over $60,000 in income for an active owner & director. Income will only increase dramatically as the enrollment increases. Revenue has increased each of the past 4 years and was up 15% in 2011. This center enjoys a Step Up to Quality 1 Star Rating and has a food program as well. All aspects of the center meet state licensing requirements. The price includes a passenger van which transports school age children. At this time they handle children 6 weeks and older so they do have an infant room. With close to 5000 square feet of attractive space and a large playground outside, this center, with proper marketing and management, can be a great purchase for the right buyer. It has enjoyed an excellent 15 year reputation in the community. Seller is of retirement age and will train in all aspects of the business. An excellent lease is available, but the seller is willing to sell the property. In summary, a motivated seller, an excellent location and physical structure, and much room for growth add up to a good purchase for an interested buyer. Asking price is $98,000. Call Dan at 513/315-3006.
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