Seller's Contact Information
- RE: Childrens Daycare W/ RE - Walworth County, WI
- Contact: Patrick McAdams
Quick Facts
| Asking Price: | $825,000 | |
| Annual Revenue: | $544,135 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,795 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,277 | |
| Real Estate: | $575,000 | |
| Year Established: | 2005 | |
| Employees: | 8 | |
| BBN Listing #: | 44334955 | |
| Broker Reference #: | 4102-17371 |
Business Overview:
This well-run facility is the ideal opportunity for a first-time operator to run a very successful money making childcare center. It is also a great opportunity for a current operator to expand.
This children's care center has current enrollment of 57 children. There are 7 full time employees (1 is the director), and 1 part time employee. The director is willing to talk to new ownership about staying at the facility.
90% of the enrolled families are private pay.
10% of the enrolled families are state pay.
The local school district buses kids from the facility to school and back. The facility does not need a driver to take kids to and from school in the morning and afternoon.
The seller also pays themselves Rents of $52,800/year. A mortgage on the real estate with 10% down and a 25-year loan at 7.5% would equate to /- $46,000/year, which leaves another $6,800/year in extra cashflow. The seller pays the property taxes and repairs and maintenance on the building through the business.
Prospective Buyers will need to sign an NDA and provide proof of financial ability to receive more information about the facility.
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Property Features and Assets:
It is a unique property that lends itself to a Child Care Facility. It is two stories tall and has plenty of classroom space. It is approximately 8,400 square feet (4,400 square feet Main Floor, 4,000 square feet - Partial Exposed Lower Level) with a 3,000 square feet outdoor playground. 5 bathrooms Lunchroom/playroom Kitchen 6 large classrooms Administration office Breakroom The owner has done the following updates at the facility: Furnaces are less than 6 years old A/C units are brand new in 2022 Siding is 5 years old Vestibule roofing 1 Year old Rest of roof have dimensional shingles Cleaned air ducts September 2022 New Countertops in most classrooms New carpeting in all hallways. Foundation repair in 2015 and under warranty forever with annual $50 fee (done by Everydry) Assets = $577,277
Market Competition and Expansion:
There are 4 other daycares within a 5-mile radius. The facility is only operating at 63% capacity at this time. A small increase in enrollment with more marketing efforts and community outreach could easily increase enrollments.
Reason for Selling:
Focus on other business pursuits.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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