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Multi-site, Specialized Child Care Center

Dane County, WI

Seller Financing Available
Multi-site, Specialized Child Care Center
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Asking Price: $650,000

Cash Flow: $220,000

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Real Estate: $360,000*

Established: 2010

*not included in asking price.

Multi-site, Specialized Child Care Center

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Business Description

Established center serving high demand niche

These two family-owned, Wisconsin-licensed centers are the premiere provider in their high demand child care niche. Ideally located near large employers and along critical commuting routes these centers benefit from both walk-by traffic and word of mouth referrals. This concept's families (highly-educated) are very committed to the school's core philosophy/approach, as well as its warm, non-institutional environments.

Detailed Information

Location:
Dane County, WI
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,700
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One location is housed in owned real estate the other location is leased. The leased location is 3,800sf. Owned location (2,700sf) may be purchased separately.
Competition:
The business' niche has spawned about 5 copycats, but none have been able to deliver the same quality of care or make good on the implied promise of the niche. The centers' respective reputations are very good and often receive families that choose to move from the copycat competitors. Because of its specialization the business does not fundamentally compete with regular daycares at either the curriculum level or on price.
Growth & Expansion:
The business owners have been quite slow to increase prices over the years. They raised prices recently but feel there is capacity for another meaningful bump in January 2020 that the customer base would absorb as there are few legitimate alternatives. Customer demand is very high and unmet countywide. Procuring and training staff is the only limiting factor to growth.
Financing:
Seller open to $150K note for well-qualified buyers
Support & Training:
Owner willing to train for two weeks for free. Longer term is negotiable.
Reason for Selling:
Other business interests and family changes
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Business Listed By:
Ryan Palmer

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