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Business For Sale
CHILD: DAYCARE
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Asking Price: |
$1,070,000
USD USA Dollars
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Business for Sale Industry: |
Services: Children
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Reason for Selling:
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Retirement and Relocating |
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Year Established:
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1997 |
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# of Employees:
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20 Full Time |
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Yearly Revenues:
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$742,000 |
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Yearly Cash Flow:
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$147,000 |
Business for Sale Overview:
Child: Daycare: This well established day care center has a great location in St. Louis County. The business has an extremely stable staff in place, including a long-tenured Director and Assistant Director. Normalized seller’s discretionary cash flow in 2007 was about $200,000 prior to real estate mortgage payments and is just short of $150,000 after real estate mortgage payments. The business is available for $375,000 and the real estate is available at its recent appraised value of $695,000. The owner desires to retire. Current owner nets over $147,000.
Property Features and Assets:
Real Estate: $695,000 included in asking price.
Furniture, Fixtures and Equipment: $180,332 included in asking price.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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