Drop Off Daycare Center in Salt Lake/Davis County

Davis County, UT

Drop Off Daycare Center in Salt Lake/Davis County
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Asking Price: $357,000

Cash Flow: $104,000

Gross Revenue: $350,500

EBITDA: N/A

FF&E: $7,000

Inventory: N/A

Established: 2003

Drop Off Daycare Center in Salt Lake/Davis County

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Business Description

Semi-Absentee Operated, 15 Years Successfully in Business

This consistently successful business has been serving the surrounding community of parents and children for well over fifteen years. It is clean, profitable, and an extremely well-run business than is fully staffed with fourteen full and part-time employees, including an experienced manager. The facility is strategically located to be convenient for the businesses target market which are busy parents with children between the ages of six weeks and ten years old. All income is generated from private paying parents and the demographics for this high growth area are incredible. The daycare can have up to fifty children at any one time but can see as many as twice that on any given day. Meals for the children can be provided, whether breakfast, lunch or dinner.

Detailed Information

Location:
Davis County, UT
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The current owner started this business in 2003 to fill an unmet need in the area for parents either needing a break, a night out with friends and family or just a fun safe place to bring their children to have playtime with friends their own age. The facility is fully compliant with an incredible track record, all staff are trained and have undergone background checks. The business has security and surveillance. The school operates year-round and has consistent monthly revenues providing a steady source of cash flow every month. Due to the daycare’s sterling reputation and brand awareness, the company spends almost nothing on paid advertising. The business is always upgrading the facility including replacing toys and educational items. Additionally, the current owner is consistently upgrading and refreshing the 2,500 sq. ft space to keep it charming and inviting for the children. All equipment is well maintained and included in the sale. The business has everything a new owner needs to keep the business operational.
Competition:
There is no direct competition in the surrounding areas, all other daycares are full service and operate under a completely different set of requirements and structure.
Growth & Expansion:
The current owner has targeted several areas of immediate growth for the business, which she will share with the new owner.
Reason for Selling:
other interests
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(from currently available funds)
 
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Aimée Christiansen

Business Listed By:
Aimee Christiansen

Transworld Business Advisors of Utah

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Sponsoring Broker:
Saul Komisar

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