Enrollment of 189 in this 11,000 sq. ft. Daycare
Dodge County, NE
One of Omaha’s premier child care centers offering programs for 5 different age groups. 70% of the 189 children enrolled at the daycare are full-time leaving 30% enrolled part-time. The current enrollment leaves room to grow as capacity is not at the maximum of 175 for all hours. Currently, the facility has 70% Title XX, 30% Private pay clients and boasts of a professional level kitchen. The facility is open from 5 AM – 11 PM daily with staff rotating three shifts to make it all work.
The current owner is willing to train a new owner for up to 90 days, provide phone support for up to a year after training period ends, and has a wealth of experience with Title XX and food programs to share with the new owner in order to make the transition successful. There is also a 45,000 square foot playground.
After all expenses and debts are paid, a new owner should profit $86,592. This is a 189% return on an initial investment of $45,700 down.
Year Established: 2008, Current Location 2011
Location and Service Area: Dodge County, NE
Lease: $10,227 per Month – Only $0.93 per sq. ft.
Building Capacity (At one time): 175
Enrollment: 189 (70% Full-time and 30% Part-time)
Demographics: 70% Title XX, 30% Private pay
Employees: 11 Full-time including Assistant Director, Property Manager, and Cook and 11 Part-time Child Care Providers
Hours: 5 AM – 11 PM (3 Shifts)
Reason for Selling: Owner’s Health
Current Owner’s Responsibilities: 20 hours per week on Payroll, Management, Staff Files and Scheduling, Enrollment, Marketing, and Title XX and Food Programs
Seller Training Period: 90 Days, 1-year Phone Support
List Price: $457,000
Owner Profit/Cash Flow
YOY Growth: 29% increase in gross sales from 2013 to 2015
Profit Margin: 20%
Multiple: 2.85 *Multiples range from 1-5, with the average being 3
Valuation:  Cash Flow x Multiple = Price
$160,545 x 2.85 = $457,553
Assets Included in Purchase:
Vehicles: 1 2009 Chevy 15 Passenger
Intangible Assets: Website, excellent word of mouth reputation among parents and other providers
Leasehold Improvements: 2 New Air Conditioners, New Furnace, New Fire Alarm System, Ansul Automatic Extinguishers for Restaurant Style Kitchen, and Currently Repainting Entire Establishment
*amounts may vary
Purchase Price: $457,000
10% Buyer Down Payment: $45,700
15% Seller Financing: $68,550
75% Bank Loan: $342,750
After all expenses and debts are paid, a new owner with a $45,700 down payment should be able to profit $86,592 in the first year, or make a 189% return on investment.
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.