Day Care with Renovated Property Council Bluffs

Council Bluffs, IA

Asking Price:	$300,000
Gross Revenue:	$339,269
Real Estate:	$500,000

Cash Flow:	$156,140
FF&E:	$100,000
Established Year:	2011

Listing ID: 2101038Listing provided by BizBuySell

BUSINESS DESCRIPTION

This popular Child Day care for Sale is in the heart of Council bluffs. The current owner started out of her house in 2011 and purchased and renovated the property in 2014. The property would be sold with the business at an additional $500,000. The seller has installed high quality playground equipment in the last few years. The property has a large kitchen with newer appliances. The property is also in great condition and was set up so the business can take more or less of a certain age group to accommodate minimum requirements, After Covid seller has not tried to add more staff as she has wanted to slow down a bit. The daycare is licensed for 70 and has 39 currently enrolled and they have had to keep turning away business. There are currently 27 children enrolled on CACFP with meal plan. Facility has a large kitchen with great appliance. For more information on this Day Care for Sale in Council Bluffs, please Contact Jeff Hofflander at 402-578-5800.

ATTACHED DOCUMENTS

Business Summary.pdf Download

DETAILED INFORMATION

Location

Council Bluffs, IA

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

4,432

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Property is just over an acre and the building is 4432 square feet. It was renovated after the seller purchase it in 2014. The grounds and the building have been well maintained since then.

Competition

The cost of building material and labor has increased; therefore, the barriers to entry for new players have increased. Government assistance is still high. There are a lot of buyers buying childcare facilities now because of the rate of return. This industry will experience growth during the next few years. Since many parents have been working for home, however, this trend for many of them may become a norm, growth might not be as strong as expected before COVID. But in general, demand for day care will continue to be strong.

Growth & Expansion

New Owner can add Staff and increase enrollment to 70 Children. By adding 31 children to get to max capacity of 70 would generate about another $300,000 in revenue at approximately $200 per week each child.

Support & Training

Seller is flexible for transition time for buyer and is open to options

Reason for Selling

Family

Report an Issue with this listing