Seller's Contact Information
- RE: Under Contract - Child Care Facility With Real Estate Included
- Contact: Mark Richie
Business Overview:
This child care facility is located in a growing area of Wake county located east of Raleigh within 1 hour. - Daycare has 5 stars - 41 children enrolled - Licensed for 73 - No legal or contingent liability issues - Both private pay and subsidized children enrolled - Fully staffed Not included in the cash flow are government grants. The grants have been substantial for the past three years at $141,893 (2021), $261,818 (2022), $86,927 (2023). NOTE: Business being sold as a Corporate sale due to: -being able to maintain 5 stars -being able to continue receiving Government grants The business is being sold as a Corporate sale with the following items not included in the sale: - Accounts payable - Account receivables - Cash account as stated on the balance sheet
Property Features and Assets:
Located on .37 acre. Plumbing & Electric are in excellent condition
Market Competition and Expansion:
- Possible add on to other existing daycare ownership. Also could be a start-up for someone - Computerize the business to save time, and grow the business. - Increase in rates beginning 2025
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Opportunity Update!
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