Daycare / Preschool – Toledo Suburban
Business Description / History / Programs:
Daycare Center and Preschool approaching 20 years in business. 4-Star Step Up To Quality rating and recipient of 2013 Better Business Bureau Torch Award. It is open to children ages 6 weeks to 12 years of age and offers 3 meals plus snacks each day. It offers WSOS Head Start Program, Private Pay Preschool, Early Preschool, Subsidized Childcare, Extended Hours, Before and After School (transportation available).
Gross Revenues in excess of $830,000 and Adjusted EBITA (“Owner Earnings”) of approximately $130,000 in 2018.
Why a Great Opportunity – Major Attributes:
- Low Competition - only 1 other for-profit daycare and preschool in
- immediate area.
- Ability for growth with additional staff (licensed for 240+ children)
- Over 80% Annual Government Pay Revenue (Direct Deposit)
- Maintains stabilized enrollment
- Experienced Staff in place
- Established Programs and Great Reputation
- Bus Transportation Fleet
- Owner Annual Income of approximately $130,000
- A+ BBB Rating/ Receipt of 2013 BBB Torch Award
- 4-Star Award Winner of Ohio Department of Education
Reason For Selling: Owner desires to retire.
Asking Price: $325,000