25 Year Northern Kentucky Daycare Center

25 Year Northern Kentucky Daycare Center Location: Northern Kentucky
Listing Number: 8417del

Financial Information

Asking Price: $426,000
Gross Revenues: $472,000
Cash Flow: $173,000
Real Estate: Available for lease or can be purchased in addition to the asking price for the business.

Business Description

With over $400,000 in revenue and over $170,000 in owner earnings, this 25 year well – established and independent daycare center is for sale by the original owner. Revenue and owner earnings have increased each of the past 3 years. There exists a solid core of long tenured employees including the director who has been the director for 15 years.  This is a Monday through Friday business with no weekend hours.  Seller wishes to retire and has not actively pursued marketing of the business to meet capacity. In addition, seller will provide a full transition to whomever buys the business.  Located in a 4,000 square foot building on a 1 ¼ acre site with a very large playground, this is a very well operated and maintained business.  50% of the revenue comes through state assistance so a good measure of one’s income is guaranteed. Other highlights include:

 

2 Star Rated

Full kitchen – all meals are cooked

Asset purchase – free and clear of debt

Includes van used in picking up at schools

Participates in the subsidized food program

Very profitable with room for more children

Excellent books and records – SBA loan qualified

$45,000 in inventory & equipment included in price

Enrolls children from 6 weeks to school aged children

Property for sale in addition to asking price for the business