Active
Sioux Falls Area Daycare
For sale is a long-time daycare situated in a very family-friendly area in the Sioux Falls region. This would be a perfect opportunity to continue as a single-location owner/operator or add to a growing multi-location operation.
Listed By: Josh Grode Wolters
Ad#:2253359
Listed By: Josh Grode Wolters
Background information
Reference:
5401-18420
Year established:
2003
Reason selling:
Owner is retiring and moving out of state.
Finance
Sales:
$445,792
Profits:
$73,481
Operations
Employees:
14
Equipment:
Included in asking price $30,000
Inventory:
Included in asking price
Premises
Facility:
Building is owned and provides adequate space for up to 69 children. Plenty of storage and parking provide ideal amenities for this business.
Rent and lease terms:
N/A
Location:
Minnehaha County, SD
Opportunities
Growth:
As with many businesses, especially in the childcare space, the bottleneck for growth comes from labor. This business steadily operates at approximately 80% capacity because of staffing. A new owner could likely grow revenues and profitability by securing more quality employees to maximize the utilization rate of the current space.
Price and terms
Price:
$225,000
Financing:
$157,500 down/$67,500 oer 120 mos. @ 10%.
Training:
Will train for 2 weeks @ $0 cost.