Asking Price: $500,000
Business Description: This very reputable school day care is well known, has an excellent reputation, and very well run. It is conveniently located Indianapolis north. Rent is very reasonable and located in a nice building. The number of students is consistent from year to year. Except for when families move away, the kids tend to stay year to year. Most of the teachers/employees have been with the school day care for long term, which speaks for itself. The owner does not work there full time, and for the most part over sees the operation. Very well run with the staff running the day to day operation. It is anticipated the staff will stay on. It is just time for the owner to retire.
Operational Strengths: The Business serves a niche – required expertise without adding to the permanent employee roster. Their Consultants have a long history of successful assignments. Customers have continuing needs and are loyal.
Facility: The facility was built with a perfect design for a school day care with classrooms, lobby, restrooms, offices, and playground, etc. This fully equipped day care is very attractive, well maintained and in excellent condition.
Reason for Sale: Retiring.
Opportunity: Staff and director are in place for a turnkey operation. Even though they continue to have a large enrollment and are very profitable, there is additional growth potential and ways to make the day care much more profitable.
The Transaction: Owner will stay on for a transition period 30 days and/or as needed.
Financial Information: Gross Income $825,000
Cash Flow $165,000
Furniture Fixtures, Equipment $135,000