Established Daycare Center With Real Estate

Avon, IN (Hendricks County)

Established Daycare Center With Real Estate
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Asking Price: $3,299,000

Cash Flow: N/A

Gross Revenue: $1,100,000



Inventory: N/A

Real Estate: $3,100,000

Established: N/A

Established Daycare Center With Real Estate

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Business Description

Daycare Center in Continuous Operation Since 1989

$3,299,000 includes real estate, business and FF&E (all assets). Daycare center opened in 1990. Well established and well respected in community. State Licensed. 15+ full-time employees. 10 large classrooms, bathrooms, kitchen, office, observations rooms. The owner/seller constructed the building in 2008 specifically as a daycare and went to great lengths to ensure it had all of the best features and amenities for a high quality daycare. The seller has been a semi-absentee owner for the past several years and although the business has capacity for at least 20 more kids, it's current enrollment is not at capacity. The demand is there and there is even a waiting list. There is great potential for a new owner to build enrollment back up to the capacity of the building. There is also room to raise fees because the business currently charges below market rates. A seasoned operator should be able to grow revenue by over $200,000 annually without much effort.

Detailed Information

Real Estate:
Included in asking price
Building SF:
18,000 Square Foot Building. Recently appraised for over $3,000,000.
Growth & Expansion:
Plenty of room to grow. Demand is there in a fast growing area. There is even additional land available for expansion.
Support & Training:
Owner is willing to train. Director has been around for well over ten years.
Reason for Selling:
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(from currently available funds)
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Jason Swathwood

Business Listed By:
Jason Swathwood

Indiana Equity Brokers

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Sponsoring Broker:
Troy Frank

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