Summary: 
Capacity for 90 Kids, Fully-Staffed in a Stand Alone Building with 3 Playgrounds
Business Type: 
other service
Business Type: 
service
Location: 
Nebraska
Price: 
$524,000
Sales Revenue: 
$582,017
Cash Flow: 
$151,961
Realestate Included: 
No
Employees: 
12
Internal Listing:: 
CHI017
Reason for Sale: 
Retirement

Description
Capacity for 90 kids, fully staffed and a standalone building with 3 playgrounds. This Omaha childcare and learning center is located within the boundaries of Westside Public Schools, a nationally-acclaimed public school district. The infant room has a secured waitlist through at least June of 2016. Growing enrollment by an additional 29 children and adding food program would add to profit. This center has been successfully caring for children for nearly 20 years. The staff includes an Assistant Director, 1 cook, 7 teachers and 3 part time floaters. This allows the current owner to manage the center by working roughly 15 hours per week maintaining the financials and basic business operations. A new owner could do the same or work onsite full-time to have a higher owner profit.

Cash flow of $189,701 and a profit margin of 32% was earned in 2014 while operating at only 2/3 of capacity. A new owner placing a 10% down payment of $52,400 on this business would receive a return on investment of 197% in the first year alone and profit $103,525 after expenses.

Financial Overview
List Price: $524,000
Gross Sales
2014: $582,017
2013: $561,015
Year-Over-Year Growth: +4% growth from 2013 to 2014
2014 Owner Profit/Cash Flow
$189,701 (as Owner-Operator)
$151,961 (as Absentee Owner paying Asst Director)
Profit Margin: 32%
Multiple: 3.45
Fair Market Value: Cash Flow x Multiple = Price
$151,961 x 3.45 = $524,265

Assets Included in Purchase: $130,625
Equipment: $40,987
Vehicles: $81,020 (3 transport vans)
Computers: $8,618
Build-Out: $60,171
Intangibles: Secured Infant Wait List thru June 2016!

*amounts may vary

Business Information
Years in Business: 19 years (Current owner)
Location and Service Area: Omaha, Nebraska (Westside District 66)
Capacity: 90 children
Current Enrollment: 61 children
Lease: $3,500/month with 10 year option – 5,216 sq. ft. with three playgrounds
Reason for Selling: Retirement
Employees: 1 Assistant Director, 1 Cook, 7 FT teachers, 3 PT teachers that float
Hours: 6:30 am to 6:00 pm
Non-Paid Seller Training Period: Seller requests 90-120 days of training and transition for families and staff
Growth Opportunities: Enroll in food program, expand existing infant and toddler rooms to increase capacity
Current Owner’s Responsibilities: 15 hours per week – financial oversight, driving and prospective family tours (as needed)

Funding Example
Purchase Price: $524,000
10% Buyer Down Payment: $52,400
20% Seller Financing: $104,800
70% Bank Loan: $366,800
In the above Funding Example, an incoming buyer would receive a return on investment of 197% in their first year and profit $103,525 after expenses and loan payments.

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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