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Absentee Owned, Day Care And Preschool Business
Location Iowa,United States
Asking Price Range < $250K
Gross Revenues $317268
Net Profit / Cash Flow $81188
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1997
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 2 weeks / $0 cost.
Reason for Sale Owner location.
Description Good-sized, well-established, viable day care & pre school company. Director in place with absentee owner. Building remodeled & furniture, fixtures, & equipment totally updated since 2008. Licensed capacity for 62 children with facilities, equipment, programs, staff, systems, & more. This growing childcare center provides infant, pre-school, & school age care. Nicely remodeled facility could accommodate growth. Well equipped with age appropriate classrooms that can accommodate a child s development. Eligible for State funded programs. This business is ready for someone to take over.
Unique building owned by related entity & available for purchase at $350,000 through Iowa licensed real estate broker Allison James Estates & Homes, Iowa City, IA. Completely renovated with multiple upgrades since 2008.
Nearly 5000 sq. ft. above grade with about 4000 sq. ft. 1st floor, 2nd floor apartment with exterior entrance, & basement for storage & laundry.
3 classrooms, nursery room, kitchen, restrooms, fenced play area, storeroom/staff break room. In 1974, one-story on slab addition & renovation to 1892 2-story house. Well located between neighborhood & central business district with municipal offices & retail nearby, on corner lot for added visibility, & conveniently accessible from major highway. Licensed for up to 62 children. Moving office & storage to the 2nd floor & converting the 2nd floor apartment to classrooms may increase operating capacity.
Asking price: $400,000. Contact Brian Brown at (319) 294-1904 for more information about this listing.
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