Large modern daycare

Lafayette, LA (Lafayette County)

Large modern daycare
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Asking Price: $95,000

Cash Flow: $50,000

Gross Revenue: $350,000

EBITDA: $50,000

FF&E: $100,000

Inventory: N/A

Real Estate: $800,000*

Established: 1998

*not included in asking price.

Large modern daycare

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Business Description

Beautiful daycare with large building designed specifically for day care. Very visible on busy road. Owners ready to retire. Licensed for over 100 kids. Multiple classrooms, large fenced play yard, office with bath and shower, adult restrooms and several child restrooms. Fully ready with all items needed for operation. Currently owners have slowed down with close to 50 children but potential to double. New tables, chairs, cribs, etc. This is a certified Type 3 center with the food program, child care assistance all in place and operating.

They take infants to school age. Selling at less than it would cost to start up a center like this and will lease or sell the real estate valued at $800,000! Confidential listing but children and employees expected to stay upon transition. Revenue and cash flow are proform and have been at much higher levels and not guaranteed. Not providing financials since selling below asset value, but seller will discuss current enrollment with qualified buyer. This is a great opportunity to get into a beautiful daycare at well below startup cost with significant clients in place!

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
5,600
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great facility designed for the use. Firewalls, kitchen, sinks in classrooms, great fenced yard, etc.
Competition:
One of the nicest looking daycares in the parish. Very high marks with state inspections as well as social media.
Growth & Expansion:
Energetic owners could significantly add to enrollment, and when the state gets it's act together and lifts the restrictions on Child Care Assistance funding there are waiting list kids.
Financing:
Will lease real estate or will sell
Support & Training:
Will transition. Best operator would be someone trained in childhood education and/or with director qualifications. Another daycare owner would be a great match but also good for someone starting in the business with the qualifications.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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David Kellenberger, CCIM, CBB

Business Listed By:
David Kellenberger

Kellenberger & Associates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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