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Asking Price$524,000
Revenue | $582,017 |
Established | 1996 |
Cash Flow | $189,701 |
Employees | 9 full, 3 part |
FF&E | $130,625* |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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90 Kid Capacity, Full Staff in Standalone Bldg w/3 Playgrounds
This Omaha childcare and learning center is located within the boundaries of Westside Public Schools, a nationally-acclaimed public school district. The infant room has a secured waitlist through at least June of 2016. Growing enrollment by an additional 29 children and adding food program would add to profit. This center has been successfully caring for children for nearly 20 years. The staff includes an Assistant Director, 1 cook, 7 teachers and 3 part time floaters. This allows the current owner to manage the center by working roughly 15 hours per week maintaining the financials and basic business operations. A new owner could do the same or work onsite full-time to have a higher owner profit.
Cash flow of $189,701 and a profit margin of 32% was earned in 2014 while operating at only 2/3 of capacity. A new owner placing a 10% down payment of $52,400 on this business would receive a return on investment of 197% in the first year alone and profit $103,525 after expenses.
Next Steps: For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
Reason for Selling: Retirement Personnel: 1 Assistant Director, 1 Cook, 7 Full-Time Teachers, 3 Part-Time Teachers Hours: 6:30am – 6:00pm History: 19 Years (Current Owner) Lease: $3,500/month with 10 year option – 5,216 sq. ft. with three playgrounds Support to Buyer: Seller requests 90-120 days of training and transition for families and staff Additional Information: Funding Example 10% Buyer Down Payment $52,400 20% Seller Financing $104,800 70% Bank Loan $366,800
In the above Funding Example, an incoming buyer would receive a return on investment of 197% in their first year and profit $103,525 after expenses and loan payments.
Current Enrollment: 61 children Licensed Capacity: 90 children Growth Opportunities: Extend hours, enroll in food program, expand existing infant and toddler rooms to increase capacity Current Owner's Responsibilities: 15 hours per week – financial oversight, driving and prospective family tours (as needed) Intangible Assets: Secured infant wait list through June 2016! Build-Out: $60,171
Facilities: | Beautiful 5,216 square foot facility with three exterior playgrounds. Lease is $3,500/month with a 10-year option. |
Growth Potential: | Extend hours, enroll in food program, expand existing infant and toddler rooms to increase capacity |
Training/Support: | Seller requests 90-120 days of training and transition for families and staff. |
Ad #77775
Seller Reference #CHI017
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