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Dodge County, NE Businesses For Sale

1 Dodge County, NE Businesses For Sale Found.

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Enrollment of 189 in this 11,000 sq. ft. Daycare
$457,000 Cash Flow: $160,545 Seller Financing
Enrollment of 189 in this 11,000 sq. ft. Daycare

Dodge County, NE

Description 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. Business Information 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 Financial Overview List Price: $457,000 Gross Sales 2015: $806,942 2014: $617,907 2013: $576,076 Owner Profit/Cash Flow 2015: $160,545 2014: $164,503 2013: $88,744 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: [2015] 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 Build-out: $45,000 Leasehold Improvements: 2 New Air Conditioners, New Furnace, New Fire Alarm System, Ansul Automatic Extinguishers for Restaurant Style Kitchen, and Currently Repainting Entire Establishment Inventory: $46,500 *amounts may vary Funding Example 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. Next Steps 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.