Johnson County
State: Kansas
Ad ID: KS2723-DS
Financials
Gross Revenue: $646,800
Cash Flow: $159,000
Asking Price: $399,000
   
FF&E: $135,000
Included: Yes
Inventory: $2,000
Included: Yes
Real Estate: $550,000
Included: No
Summary Description

(SOLD)
This beautiful turnkey Daycare is a great opportunity for a Licensed Childcare Director or Investor. The school is located in south Johnson County within close proximity to residential neighborhoods and easy highway access. The Daycare is licensed for 75 children, near full enrollment and has been in operation for over 10 years. The business has a full time Director & Assistant Director and highly trained staff that runs the day to day operation. The center serves children from 6 weeks old to Pre-Kindergarten. Curriculum is learning-based focused on teaching social-emotional skills, oral language, vocabulary, emergent reading/writing/math/science, fine arts, physical development and technology.

The nearly 4,500 sq. ft. facility is also for sale. This provides the Buyer the opportunity to own the real estate and never worry about future landlord rent increases. 2018 projected annual cash flow is $180k after Buyer debt service on the real estate. The business has been pre-qualified for an SBA loan for Buyers with a minimum down payment of $115k+ meeting Lender criteria. Programs are available for Buyers to roll over 401k funds for a loan down payment with no tax penalty.

General Information
Year Established: 10+
Franchise: No
Home based: No
Relocatable: No
Square footage: 4,474
Employees
Full Time: 12
Part Time: 5
Reason for Selling
Other business interests