Child Care Facility, with Real Estate Included
Asking Price: | $660,000 |
Gross Revenue: | $449,771 |
Real Estate: | $500,000 |
Cash Flow: | $60,224 |
FF&E: | $67,248 |
Established Year: | 1987 |
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