New Listing: Sioux Falls Area Daycare
Jun 14, 2024 8:34 pm
From the Desk of Josh Grode Wolters, MBA:
We have a newly listed business to tell you about today. In fact, it hasn't even hit our major listing aggregators, so you are the first to know! We don't expect this to last long. Of particular note is the $500,000 piece of real estate available for purchase along with the business.
Sioux Falls Area Daycare
Asking Price:$ 225,000
Cash Flow:$ 73,481
Gross Revenue:$ 445,792
Established:2003
Employees: 7 full-time, 7 part-time
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.
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 up to two weeks at no cost.
Reason for Selling:
Retirement
As always, I'm looking forward to hearing from you soon!
Happy Friday,
Josh
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JOSH GRODE WOLTERS, MBA
Business Intermediary
2121 W 63rd Pl, Suite 100
Sioux Falls, SD 57108
