Sioux Falls Area Daycare
Minnehaha County, SD
| Asking Price: | $140,000 |
| Gross Revenue: | $445,792 |
| FF&E: | $30,000 |
| Cash Flow: | $73,481 |
| Inventory: | $1,000 |
| Established Year: | 2003 |
Listing ID: 2253359Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable business with growth potential!
For sale is a long-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.
DETAILED INFORMATION
Location
Minnehaha County, SD
Inventory
Included in asking price
Real Estate
Leased
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building is owned and provides adequate space for up to 69 children. Plenty of storage and parking provide ideal amenities for this business.
Competition
The need for childcare in the entire area outpaces the spots available.
Growth & Expansion
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. A new owner could likely grow revenues and profitability by securing more quality employees to maximize the utilization rate of the current space.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Owner is retiring and moving out of state.
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