Under Contract - Child Care Facility with Real Estate Included
Education & Children Businesses for Sale
- Primary Category: Day Care & Child Care Centers for Sale
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 staffed
Not 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 grants
The 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 sheet
Financial Information
- $660,000 Asking Price
- $60,224 Cash Flow
- $449,771 Gross Revenue
- On request Down Payment
Business Location
- City: Wake County
- State: North Carolina
Reason for Sale
- Retirement
Detailed information
- Year Established: 2006
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 6
- Part-Time Employees: 3
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: On request
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $500,000
- Building Size: 3400
- FF&E Included?: Yes
- FF&E Value: $67,248
Training/Support
- Seller will negotiate a transition period
Facilities
- Located on .37 acre. Plumbing & Electric are in excellent condition
Market Outlook/Competition
- - 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 2025
Business Listed by
Tom Guertin
Sunbelt of RaleighContact Business Broker
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