Own a successful early childhood education and child care business. Recession tolerant and child care will always be needed. Located in a growing city outside of the Des Moines Metro. Exact location is confidential and will be revealed to prospective Buyers with NDA. They serve children from 2-5 years of age, as well as providing before and after- school care for K through 6th grade. They offer full-day care during school breaks and a summer program for children 12 and under.
The active customer base includes approximately 90 enrolled children although they are licensed for 130, and currently do not have an infant program although they have space for it. The Seller is retirement age, works part time and hasn’t been interested in putting forth the effort to add additional services.
The recasted cash flows represent an owner/director, however a Buyer could keep on the current director as management, work limited hours and create an investment business. The recasted cash flows have been into the 6 figures as recently as 2012, and 2015 is projects to be in the mid 90’s.
Asking Price $256,000
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