For sale is a long-time daycare situated in a very family-friendly area in the Sioux Falls region. This would be a perfect opportunity to continue as a single-location owner/operator or add to a growing multi-location operation.
- Asking Price:
- $225,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $445,792
- Cash Flow:
- $73,481
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Building is owned and provides adequate space for up to 69 children. Plenty of storage and parking provide ideal amenities for this business.
Business Operation
- Expansion Potential:
-
As with many businesses, especially in the childcare space, the bottleneck for growth comes from labor. This business steadily operates at approximately 80% capacity because of staffing. A new owner could likely grow revenues and profitability by securing more quality employees to maximize the utilization rate of the current space.
- Competition / Market:
-
The need for childcare in the entire area outpaces the spots available.
- Reasons for selling:
-
Owner is retiring and moving out of state.
- Trading hours:
-
Monday-Friday 6am-6pm
- Employees:
- 7 FT/7 PT
- Years established:
- 21
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$157,500 down/$67,500 over 120 mos. @ 10%.
- Furniture / Fixtures value:
- $30,000 - included in the asking price
- Inventory / Stock value:
- $1,000 - included in the asking price
