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I've come across a unique opportunity and need some opinions.
A woman in the town I live in needs to sell her daycare for personal reasons. She's been in business since 2005, operates her daycare out of one side of a duplex, and currently serves 8 families but is licensed for up to 12 children.
The duplex is completely set up for daycare - child size toilets, furniture, a huge, fenced in backyard, tons of toys and books organized by theme, and I've talked to some of the families that go there and they are in love with the place.
She wants to sell it for around $40,000. She would still own the duplex.
Is this a good deal? I know it's hard to say because prices would vary depending on different areas of the country, etc. I'm in the midwest. I'm extremely interested but have no idea if this is a fair price.
A woman in the town I live in needs to sell her daycare for personal reasons. She's been in business since 2005, operates her daycare out of one side of a duplex, and currently serves 8 families but is licensed for up to 12 children.
The duplex is completely set up for daycare - child size toilets, furniture, a huge, fenced in backyard, tons of toys and books organized by theme, and I've talked to some of the families that go there and they are in love with the place.
She wants to sell it for around $40,000. She would still own the duplex.
Is this a good deal? I know it's hard to say because prices would vary depending on different areas of the country, etc. I'm in the midwest. I'm extremely interested but have no idea if this is a fair price.
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