Established Day Care Center

Goldsboro, NC (Wayne County)

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Asking Price: $998,500

Cash Flow: $240,156

Gross Revenue: $431,860

EBITDA: N/A

FF&E: N/A

Inventory: $178,780

Real Estate: $1,080,000

Established: 1998

Established Day Care Center

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Business Description

Well established day care center with prime real estate located in fast growing area of Wayne County. Sellers will remain for a negotiated period of time to assist with licenses, client introductions and other transition related matters. The existing staff has been with the business for over 15 years and will remain. The sale includes the buildings (7,900 sq ft), furnishings, fixtures and learning materials. Sale also includes 7 separately fenced play areas including 5 jungle gyms with fall stations. All buildings, furnishings and equipment are modern and well maintained. Facilities accommodate children from infant thru 4-K plus a large after school program. Licensed for over 150 children.
Potential yearly income with no additions is over $780,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,900
Employees:
9
Facilities:
Two fully furnished, well maintained buildings, totaling 7,900 square feet on approximately 1.8 acres. Facilities include a fully equipped kitchen with stainless steel appliances, offices, lounge area and adequate parking. Fully equipped day care facility with all modern, age appropriate, equipment and supplies for infants thru 4-k and after school programs. Seven separate, fenced, age appropriate outside play areas, with fall stations. These include swings, jungle gyms, covered picnic tables, and outdoor toys. Outdoor play areas are covered with wood chips that are contained by large pvc pipe.
Competition:
There is competition in the general area, but there is still a great deal of demand for this service in this fast growing area of Wayne County. There is also a ready availability of good staff in the area.
Growth & Expansion:
Business is well established and one of the largest in the area. Due to licenses, past history and demand there is the potential for a great increase in the business with new energetic management.
Financing:
Price reduced
Support & Training:
Sellers will remain for a negotiated period of time for training, licenses acquisition and to assist with a smooth transition
Reason for Selling:
Sellers are retiring and per suing other interest.
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Glenn Barwick

Business Listed By:
Glenn Barwick

Landvest Development, Inc

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