Listing Number: 64646-166813
Description
Looking to break into the daycare business or expand your existing daycare portfolio? This 30- year established, non-franchised daycare with real estate could be a great fit. Family owned and operated the facility has been serving families since 1992. Housed in a stand-alone building, it is located close to a main artery with a circular drop-off and pick-up. The one-story, 2,000 sq. ft facility is very well maintained with five classrooms with cameras, office, resource area, kitchen and permanent outdoor playground. This business won the “best of” honor for daycares three years in a row. A Keystone Stars, Star 3 facility, licensed for 53 students, the business is ready for a new owner to increase full time enrollments to maximize revenue, enroll additional students, and there is also the potential to build out additional classroom space on the property to substantially increase student counts. The current subsidy mix to private pay for enrolled students is 52%. Little to no marketing or advertising has been performed by Sellers in recent years, and they are open in sharing that they have become comfortable running the business at less than capacity in order to suit their lifestyle objectives. A qualified and dependable team of teachers is in place. The center is situated on a half acre property which is improved with a renovated 3-bedroom residential home generating $15,500 in rental income annually. Perfect opportunity for a new owner with Director credentials to replace retiring Director and immediately begin to receive a six figure discretionary earning income at current operating level. Business price: $211,000, real estate price: $947,668; total price: $1,158,668.
Listing Details
- Price: $ 211,000
- Down Payment: $211,000
- Sellers Discretionary Earnings: $ 132,179
- Total Sales: $ 311,692
- Location: Montgomery County, Pennsylvania
- Inventory: $ 0
- FF&E: $ 0
- Employees: 8
- Year Established: 1992
- Reason for Selling: Retirement
- Category: Child Care
