MergerPlace

Award Winning Childcare Business

Kentucky


  • Asking Price: $925,000
  • Gross Income: $714,833
  • Cash Flow: $200,463
  • Real Estate: $463,840
  • Inventory: $2,000
  • FF&E: $57,034
  • Listing ID: #226287
  • Established: 2004
  • Employees: 17 FT

Business Description

This established and well managed and maintained childcare center is available with Real Estate. It has won numerous consecutive "best of" awards. In operation for 17 years and licensed for 110 children, this center is one of the few educational based options in it's community. They have worked closely with the local school system in order to ensure scholastic preparedness as children move into school age. The 2020 financials represent approximately 3 1/2 months open at full capacity, 2 1/2 months closed, and 6 months at reduced capacity.

Lender pre-qualified. Any transactions approved and closed prior to Sept. 30, 2021 will be eligible for three (3) months free payments as approved by CARES Act (subject to availability) and waiver of the SBA guaranty fee.


Business Details

Primary Business Category: Services - Educational
Location: Kentucky

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 17 FT

Financial Information

Asking Price: $925,000
Gross Revenue: $714,833
Cash Flow: $200,463
FF&E: $57,034
Inventory: $2,000
Real Estate: $463,840
Seller Financing Available: No

Property Information

Facilities:

Exceptionally maintained with 4 buildings on 2.5 acres. Recent renovations will impress buyers. The property sits on a primary thoroughfare in one of the 10 fastest growing counties in Kentucky.

Growth & expansion opportunities:

There is room to add additional buildings on the property if the buyer would like to expand the center and increase capacity.

Competition:

This center is the most sought after in the area after winning numerous awards.

Reason for selling:

Retirement.

Support & Training:

The new owner will need to apply for a state childcare license as well as permits with the county Health Department.

Contact Business Seller

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Business Listed By:

Phil Eleson

Murphy Business Brokers