Summary
- Asking price:
-
$370,000
(Furniture / Fixtures included)
- Sales revenue:
- $180,958
- Cash flow:
- $60,000
- Years established:
- 7
- Employees:
- 4 FT; 3 PT
Business description
Established in 2002, this full service day care and preschool was started by a 30-year industry veteran, and is located in the River Valley region of Central Arkansas. Ideally situated between Conway and Little Rock, this business is one of only two daycare and preschool facilities of its kind in the area.
The main building is in a former church that was retrofitted specifically for use as a daycare and preschool in 2002. The owners added three additional rooms in 2004. This business also has a 2,800 square foot gymnasium – insulated, heated and cooled with spring floors – located adjacent to the main building. The gym is currently being used for gymnastics classes only, and offers a new owner enormous opportunity to grow the existing business, and bring in additional revenue streams.
This business is currently licensed for 53 students, and is almost at capacity; a new owner could expand the current operations by getting licensed for up to 71 students in the main building. Highlights of the building include five classrooms, five bathrooms, a commercial kitchen, and a secure outdoor playground fenced into three separate, age-appropriate play areas.
The preschool curriculum was designed in cooperation with the local elementary school, and focuses on Kindergarten readiness skills. Before and after school programs are also provided. This business offers an excellent opportunity to acquire the premier daycare and preschool in the area, with almost unlimited possibilities for growth!
Property information
- Real Estate:
- Real Property Included
- Location:
- This business is ideally situated at the midway point between Conway and Little Rock in Central Arkansas. Multiple colleges and universities, thriving business communities, scenic lakes and parks, and a vibrant community surround the town with endless choices for culture, recreation and shopping. Like much of Arkansas, the area offers a unique blend of modern and “main street,” providing easy access to the energy and amenities of nearby bigger cities while maintaining a desirable small-town quality of life.
- Premises details:
- Situated in a former church, the main building is approximately 3,000 square feet and was retrofitted specifically for a daycare and preschool in 2002. Three rooms were added onto the building in 2004 for a nursery, toddler room and three-year-old room. Highlights of the building include five classrooms, five bathrooms, a commercial kitchen, and a secure outdoor playground fenced into three separate, age-appropriate play areas.
The gymnasium sits approximately 14 feet from the main building, with a sidewalk connecting the two facilities. Thy gym is heated and cooled, insulated and has spring floors. The only activity being offered in the gym right now is gymnastics lessons.
Other information
- Expansion potential:
- This business has done little to no marketing to date. Customers have come almost exclusively from referrals and word-or-mouth marketing. There is room to expand the current license in the main building from 53 to 71. The gymnasium offers a host of opportunities for a new owner, from using the space for additional classrooms, to offering more after school activities and programs.
- Competition / Market:
- There is only one other preschool and daycare serving the area at this time. The competitor has only been open for a year, and is about half the size of this business. The only other alternatives for commuting parents are located in Conway and Little Rock.
- Support & training:
- Seller will provide thirty (30) days of training at no cost. A loyal and dedicated staff, including a director in training, would most likely be willing to stay on.
- Reasons for selling:
- Other business interests; returning to full-time ministry
- Financing available:
- Negotiable to qualified buyer
- Furniture / Fixtures value:
- $20,000 (included in the asking price)
- Related documents:
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Contact the seller
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