Listing Number: 64646-166813
Description
Well established 30-year-old daycare with open floor plans. Real Estate also for sale. If you choose, you can purchase business only and lease building from owner. Family owned and operated. Housed in a stand-alone building with open floor plan. The one-story, 2,000 sq. ft facility is very well maintained with five segregated classrooms, cameras, office, resource area, kitchen, and permanent outdoor playground. Business won the “best of” honor for daycares three years in a row. A Keystone Star 3 facility, licensed for 53 students. Business is ready for a new owner to increase full time enrollments to maximize revenue. The property has the potential to build out additional classroom space and increase student enrollment. The current mix, subsidy vs. private pay is 52%. Little to no marketing or advertising has been done, this is an opportunity to increase enrollment. A qualified and dependable team of teachers is in place. The business is situated on a half-acre property with a renovated 3-bedroom residential home generating $15,500 in rental income annually. Perfect opportunity for a new owner with Director credentials to replace retiring Director and immediately begin receiving a six figure discretionary earning income at current operating level. Business price: $211,000, real estate price: $947,668; total price: $1,158,668. Contact Doug & Gina Milana (dmilana@tworld.com / gmilana@tworld.com)
Listing Details
- Price: $ 211,000
- Down Payment: $211,000
- Sellers Discretionary Earnings: $ 132,179
- Total Sales: $ 311,692
- Location: Montgomery County, Pennsylvania
- Inventory: $ 0
- FF&E: $ 0
- Employees: 8
- Year Established: 1992
- Reason for Selling: Retirement
- Category: Child Care
