25 Year Daycare Center in Northern Ky

Superb Profitability

Listing ID: 773

Cincinnati, Ohio 

Description

Seller's Comments and Description:

With over $400,000 in revenue and over $170,000 in owner earnings, this 25 year well – established and independent daycare center is for sale by the original owner. Revenue and owner earnings have increased each of the past 3 years. There exists a solid core of long tenured employees including the director who has been the director for 15 years. This is a Monday through Friday business with no weekend hours. Seller wishes to retire and has not actively pursued marketing of the business to meet capacity. In addition, seller will provide a full transition to whomever buys the business. Located in a 4,000 square foot building on a 1 ¼ acre site with a very large playground, this is a very well operated and maintained business. 50% of the revenue comes through state assistance so a good measure of one’s income is guaranteed. Other highlights include:

2 Star Rated
Full kitchen – all meals are cooked
Asset purchase – free and clear of debt
Includes van used in picking up at schools
Participates in the subsidized food program
Very profitable with room for more children
Excellent books and records – SBA loan qualified
$45,000 in inventory & equipment included in price
Enrolls children from 6 weeks to school aged children
Property for sale in addition to asking price for the business


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Listing Began: Aug 4, 2017, 2:52 pm
Number of Times Viewed: 65

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