10 Year Independent Daycare Center

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Very High Quality Center
Asking Price:
$360,000

Gross Revenue:
$709,000
Cash Flow:
$129,000
EBITDA:
$129,000
Inventory:
$2,500
included in asking price

FF&E:
$41,000
included in asking price

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Business Description

This daycare center is owned and operated by the original and retirement aged owner who has over 25 years of experience in the daycare industry. She has an experienced staff in place including a director and an assistant director. The center has a capacity of 160 and currently is at 92 so there is plenty of room for growth. The center is part of the Step Up to Quality Program through the State of Ohio. It also participates in the Child & Adult Care Food Program. Little to no advertising has been done as most of the children are referred to the center by other satisfied parents. The business is offered as an asset purchase, free and clear of debt. Seller will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan eligible
Commercial kitchen on site
Center serves 4 school districts
Uses daycare software and apps
9,500 square foot facility & playground
New $14,000 playground recently installed
Clean books & records - all numbers are verifiable
Price includes 14 passenger bus & all classroom contents
Seller invested $450,000 initially in building out the center

About the Business

Year Established:
2008
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
9,500
Facilities:
This is a 9,500 square foot facility that was built out by the owner who invested $450,000 in making this daycare center a high - quality destination for parents seeking the best for their children.
Market Outlook/
Competition:
There is competition in the daycare industry, but this center separates itself from its competitors by providing very experienced and high - quality teachers.
Growth & Expansion:
The center has a capacity of 160 children and is presently at 92 so a buyer that is focused on marketing should be successful in growing the center.
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About the Sale

Reason For Selling:
Seller has been in the daycare industry for 25 years and is of retirement age.
Training/Support:
Seller will train in all aspects of the business and will be available to ensure a smooth transition.

Listing Info

ID:
1482046
Ad Detail Views:
1247

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Business Listed by

Dan Long

Cincinnati Business Brokers

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U.S. Census Data for Clermont and Hamilton Counties, OH
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Clermont and Hamilton Counties, OH
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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