Listing ID: 82303
Daycare/Preschool is for sale in Nebraska. It is located at a very busy intersection and close to multiple schools. They have been serving families for over 15 years. It is licensed for over 100 kids. Average daily count is around 44 and every child is full time. Title XX can be implemented if desired. There is a currently a waiting list for parents. There is no van and no before /after school program but can be added for increased revenue. There are outdoor play areas as well. Food is catered. This is a perfect opportunity for a Director, existing daycare owner, or daycare individual who would like to start their own daycare. If real estate would ever be included in the transaction, it will be handled by a licensed Real Estate Broker. For more information on this Daycare/Preschool for sale in Nebraska call Roger @ 402-827-3190
- Asking Price: $450,000
- Cash Flow: $156,912
- Gross Revenue: $643,116
- EBITDA: N/A
- FF&E: $85,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 2005
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
The venture was started in 2005, making the business 17 years old.
The company has 7 employees and is situated in a building with disclosed square footage of N/A sq ft.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals resolve to sell companies. Nevertheless, the real reason vs the one they say to you might be 2 absolutely different things. As an example, they might say "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a variety of other reasons. This is why it is very essential that you not depend entirely on a vendor's word, yet instead, utilize the seller's solution together with your general due diligence. This will paint a much more reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses borrow money in order to cover things like stock, payroll, accounts payable, etc. Remember that sometimes this can imply that earnings margins are too tight. Many organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new consumers? Many times, operating businesses have repeat clients, which create the core of their daily profits. Specific variables such as brand-new competitors sprouting up around the area, roadway construction, and also staff turnover can affect repeat customers and also negatively affect future incomes. One important thing to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the higher the chance to construct a returning customer base. A final thought is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the edge of town? Exactly how might the local average household income impact future earnings prospects?