2 Location Childcare Center in High-End School District

Lincoln, NE (Lancaster County)

Seller Financing Available
2 Location Childcare Center in High-End School District

Asking Price:$158,000

Cash Flow:$59,276

Gross Revenue:$396,732

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2007

2 Location Childcare Center in High-End School District

Get Financing Save Print Share Valuation Report

Business Description

Located in a premium expanding neighborhood with several growth opportunities! The neighborhood is so well-known for its top tier schools that families move there just for their children. The two locations are located down the street from each other and host different programs. The location with capacity for 87 host programs for toddlers, prekindergarten, and Preschool children. The location with capacity for 120 hosts before and after school programs for school aged children.
Fully staffed with low turnover, the 1 Director,1 Assistant Director, 1FT and 1 PT Floater, 1 FT Lead Teacher, 1 PT Minor, 3 other FT staff run the operation efficiently and independently. This turnkey business is run mostly absentee, with the owner mostly taking care of bill paying, invoicing, and payroll activities. There are growth opportunities in cutting food delivery and making sack lunches in house, accepting more applicants for the afterschool program and summer camp, and starting a traditional 2 and 3 days per week morning and afternoon preschool program.
After all debts and expenses are paid, a Buyer with a $23,700 down payment would profit $35,475 within the first year, thus making a 149A% return on investment.

Funding Example:
Purchase Price: $158,000
15% Buyer Down Payment: $23,700
10% Seller Financing: $15,800
75% Bank Loan: $118,500
After all debts and expenses are paid, a Buyer with a $23,700 down payment would profit $35,475 within the first year, thus making a 149% return on investment.

Financial Overview
List Price: $158,000
Gross Sales
2015: $396,732
2014: $330,203
Owner Profit/Cash Flow
2015: $59,276
2014: $24,470
Profit Margin: 15%
Multiple: 2.65 *Multiples range from 1-5, with the average being 3
Valuation: [2015] Cash Flow x Multiple = Price
$59,276 x 2.65 = $157,081

Business Information
Year Established:2007
Location and Service Area: Lancaster County just south of Lincoln, NE
Demographics: Children 6 weeks to 12 years of age
Capacity: 87 in 1st location, 120 in 2nd location
Enrollment: 50 in 1st location, 87 in 2nd location
Lease: Location 1: $2,700 month for 4,000 sq. feet + storage and large playground. Location 2: $700 month
Reason for Selling: Moving out of state
Employees: 1 Director,1 Assistant Director, 1FT and 1 PT Floater, 1 FT Lead Teacher, 1 PT Minor, 3 other FT staff, very low turnover
Seller Training Period: Negotiable
Growth Opportunities: Cut food delivery and make sack lunches in house, accept more applicants for afterschool program and summer camp, start a traditional 2 and 3 days per week morning and afternoon preschool program
Current Owner’s Responsibilities: Mostly absentee- bill paying, invoicing, and payroll

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Expiration:
N/A
Employees:
9
Facilities:
Capacity: 87 in 1st location, 120 in 2nd location Enrollment: 50 in 1st location, 87 in 2nd location Lease: Location 1: $2,700 month for 4,000 sq. feet + storage and large playground. Location 2: $700 month
Competition:
Location and Service Area: Lancaster County just south of Lincoln, NE Demographics: Children 6 weeks to 12 years of age
Growth & Expansion:
Growth Opportunities: Cut food delivery and make sack lunches in house, accept more applicants for afterschool program and summer camp, start a traditional 2 and 3 days per week morning and afternoon preschool program
Financing:
10%
Support & Training:
Seller Training Period: Negotiable
Reason for Selling:
Reason for Selling: Moving out of state

Listing Statistics for Premium Members

Ad#:1296253 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Cortney Sells

Business Listed By:
Cortney Sells

The Firm

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Tutor Doctor

Franchise Opportunity
Capital Required: $66,000