Child Care Center Business for sale in Florence Kentucky

25 Year Daycare Center

Location : Kentucky - Florence

Category : Child Care Center

Asking Price : $ 426,000

  • Sales revenue : $ 472,000
  • Net profit : $ 173,000
  • Furniture/Fixtures value : $ 46,000
  • Inventory/Stock value : $ 2,500

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

Other Information

  • Years established: 1992
  • Employees: 14
  • Trading Hours: Monday through Friday
  • Competition:The center has attracted children because of its stellar reputation in the community – very little to no advertising or marketing has been performed.
  • Expansion:The center is not at full capacity so plenty of growth is attainable.
  • Support Training:The seller will stay on as long as necessary to ensure the comfort level of the buyer.
  • Reason Selling:Retirement
Cincinnati Business Brokers
  • Company Details : Cincinnati Business Brokers
  • Agent Detail : Dan Long
  • Phone : Click here for phone number
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