Established Daycare Center with Real Estate

Established Daycare Center with Real Estate

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpg

Avon, IN
Listing Number:
 IEB-105-20

Financial Information

Asking Price: $3,299,000 
Real Estate: Owned
Gross Revenues: $1,100,000
Cash Flow: 

Business Description

Daycare Center in Continuous Operation Since 1989

$3,299,000 includes real estate, business and FF&E (all assets). Daycare center opened in 1990. Well established and well respected in community. State Licensed. 15+ full-time employees. 10 large classrooms, bathrooms, kitchen, office, observations rooms. The owner/seller constructed the building in 2008 specifically as a daycare and went to great lengths to ensure it had all of the best features and amenities for a high quality daycare. The seller has been a semi-absentee owner for the past several years and although the business has capacity for at least 20 more kids, it's current enrollment is not at capacity. The demand is there and there is even a waiting list. There is great potential for a new owner to build enrollment back up to the capacity of the building. There is also room to raise fees because the business currently charges below market rates. A seasoned operator should be able to grow revenue by over $200,000 annually without much effort.

 

General Information

Facilities: Owned 18,000 sf building. Recently appraised for over $3,000,000.

Financing: 

Support & Training: Owner is willing to train. Director has been around for well over ten years.

Contact Information

Contact: Jason Swathwood
Phone: 317-333-6655 x 105

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

Respond to Listing