For sale is a long-time daycare business consisting of two well-established centers strategically located in high-growth, family-friendly areas. This business cares for a wide range of children, from infants (4 weeks) up through School Age (12 years). This is a perfect opportunity to continue as an existing owner-operator or for someone looking to step into a thriving, multi-site business with strong community recognition. This would be a perfect opportunity to continue as an existing owner operator or for someone looking to step into a thriving business.
- Asking Price:
- $400,000 Furniture / Fixtures included
- Sales Revenue:
- $1,642,785
- Cash Flow:
- $176,259
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from two dedicated, secure locations in a metro area (specific addresses available upon signing NDA). The facilities are well-equipped, featuring a security-coded entrance, internal security cameras, large fenced outdoor play zones, an indoor tumble area, and specialized on-site amenities (e.g., gymnastics space). The buildings are large enough to provide adequate space for a significant number of children, with plenty of storage and parking.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
As with many businesses, especially in the childcare space, the bottleneck for growth often comes from labor. The business operates steadily at high utilization rates (specific capacity/utilization rate will be provided). A new owner could likely grow revenues and profitability by securing more quality employees to maximize the utilization rate of the current space and potentially expand hours or add a third location.
- Competition / Market:
-
The need for high-quality childcare in the entire Sioux Falls area outpaces the spots available. The centers are known for their commitment to safety and transparency, leveraging features like security cameras and an "open door policy" to stand out in the local market. The general industry is characterized by high demand and strong recession resistance.
- Reasons for selling:
-
Owners are retiring.
- Trading hours:
-
Monday-Friday 6:30am-6pm
- Employees:
- 25 FT/17 PT
- Years established:
- 26
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:
-
$360K down/$40K over 120 mos. @ 8%.
- Furniture / Fixtures value:
- $305,875 - included in the asking price
- Relocatable:
- This business can be relocated
