Child Care Facility With Real Estate Included
Not Disclosed, NC Wake County
Asking Price:
$660,000
Annual Revenue:
$449,771
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- RE: Child Care Facility With Real Estate Included
- Contact: Mark Richie
Quick Facts
| Asking Price: | $660,000 | |
| Annual Revenue: | $449,771 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,224 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $67,248 | |
| Real Estate: | $500,000 | |
| Year Established: | 2006 | |
| Employees: | 6 | |
| BBN Listing #: | SB-56150 | |
| Broker Reference #: | RALEINC001-56150 |
Business Overview:
This child care facility is located in a growing area of Wake county located east of Raleigh within 1 hour.- Daycare has 5 stars- 41 children enrolled- Licensed for 73- No legal or contingent liability issues- Both private pay and subsidized children enrolled- Fully staffedNot included in the cash flow are government grants. The grants have been substantial for the past three years at $141,893 (2021), $261,818 (2022), $86,927 (2023).NOTE: Business being sold as a Corporate sale due to:-being able to maintain 5 stars-being able to continue receiving Government grantsThe business is being sold as a Corporate sale with the following items not included in the sale:- Accounts payable- Account receivables- Cash account as stated on the balance sheetTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Located on .37 acre. Plumbing & Electric are in excellent conditionMarket Competition and Expansion:
- Possible add on to other existing daycare ownership. Also could be a start-up for someone- Computerize the business to save time, and grow the business.- Increase in rates beginning 2025Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
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