10 Year Independent Daycare Center

10 Year Independent Daycare Center Location: Cincinnati
Listing Number: 31318del

Financial Information

Asking Price: $397,000
Gross Revenues: $709,000
Cash Flow: $129,000
Real Estate: Leased

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 Federal 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