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Asking Price$254,000
Revenue | $409,352 |
Established | 2008 |
Cash Flow | $81,224 |
Employees | 2 full, 13 part |
FF&E | $58,440* |
Franchise | No |
Inventory | $680 |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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A capacity of 90 children in this huge 6300 ft. Childcare Center in Papillion is located in a popular district. The business grew so fast that in 2011 it relocated to an expansive 6,300 square foot location with a large, 1,800 square foot playground and very low utilities which are all included in the rent. There are growth opportunities in adding an after school care program, picking up children from schools, and becoming part of the state food program. This business is well-staffed and has 2 full-time and 13 part-time teachers who are fully certified by the State of Nebraska. There are 66 enrolled kids with profit of $81,224 annually, which means having the ability to gain 24 more children is mostly profit. Since 2011, this busy childcare center has quadrupled gross sales and more than doubled its cash flow. With a down payment of $31,750, after paying all expenses and loans, the buyer would make $40,872 Net Operating Income within the first year of owning this business.
Financial Overview List Price: $254,000 Gross Sales: 2015: $409,352 (Annualized) 2014: $335,329 2013: $253,009 2012: $206,960 2011: $112,526 Owner Profit/Cash Flow 2014: $81,224 2013: $34,897 Growth/Sales Trends: 40% growth from 2012-2015 Profit Margin: 24% in 2014 Multiple: 3.13 (Multiples range from 1-5, with the average being 3) Valuation: 2014 Cash Flow x Multiple = Price $81,224 x 3.13 = $254,231
Assets Included in Purchase: $59,120 Equipment: $58,440 Inventory: $680 *amounts may vary Business Information Year Established: 2008 Location and Service Area: Papillion, NE Capacity: 90 Children Current Enrollment: 66 with 37 full time and 29 part time Lease: $5,200 all utilities included for 6,300 square feet which is only $9.90/foot Reason for Selling: Semi-retirement Employees: 2 Full Time, 13 Part Time Hours: 7:30 AM-5:45PM Monday-Friday Seller Training Period: Through the current school year Growth Opportunities: After School program, school pick up, state food program Current Owner’s Responsibilities: Management of staff and bookkeeping
Funding Example Purchase Price: $254,000 12.5% Buyer Down Payment: $31,750 17.5% Seller Financing: $44,450 (5 yrs @ 4%) 70% Bank Loan: $177,800 (7 yrs @ 5.25%) With the above funding example, an incoming buyer would profit $40,872 after all loan payments are made, which is a 128% return on investment from the initial down payment.
Facilities: | Capacity: 90 Children
Lease: $5,200 all utilities included for 6,300 square feet
which is only $9.90/foot |
Growth Potential: | After School program, school pick
up, state food program |
Training/Support: | Through the current school year |
Seller Financing: | 17.5% Seller Financing: $44,450 (5 yrs @ 4%) |
Sale Reason: | Semi-retirement |
Ad #78582
Seller Reference #CHI001
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