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- RE: Sioux Falls Area Daycare
- Contact: Josh Grode
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $445,792 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $73,481 | |
Total Debt: | Not Disclosed | |
FF&E: | $30,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 14 | |
BBN Listing #: | 948873 | |
Broker Reference #: | 5401-18420 |
Business Overview:
For sale is along-time daycare situated in a very family-friendly area in the Sioux Falls region. This would be a perfect opportunity to continue as a single-location owner/operator or add to a growing multi-location operation.
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Property Features and Assets:
Building is owned and provides adequate space for up to 69 children. Plenty of storage and parking provide ideal amenities for this business.
Assets - $31,000
Market Competition and Expansion:
The need for childcare in the entire area outpaces the spots available.
As with many businesses,especially in the childcare space, the bottleneck for growth comes from labor. This business steadily operates at approximately 80% capacity because of staffing. Anew owner could likely grow revenues and profitability by securing more quality employees to maximize the utilization rate of the current space.
Reason for Selling:
Owner is retiring and moving out of state.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Dakota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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