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Premiere Children's Day Care for sale in Nassau County, NY

Nassau County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 675,000 $ 1,150,000 $ 250,000

Furniture and Fixtures Value:
$ 175,000 (included in the asking price)

Inventory Value:
$ 1,500 (included in the asking price)

Business Summary:
Premiere Children s day care business & summer camp located in a wonderful community of Nassau County, Long Island, New York. This high volume center has an average gross income of $1,150,000 and a consistent yearly net income of $250,000. The center is licensed by the Office of Children & Family Services in the State of New York, acts as a preschool from September through June and a summer camp from July and August. Their summer camp enrolls approximately 200 children representing a substantial income. The business has twelve employees consisting of certified teachers and mature assistants who are expected to remain post closing. The center offers an excellent preschool program for ages two to five years, including kindergarten with full day & half day classes. The sale includes the required license, long term lease, multiple classrooms, outdoor play area, various equipment and up to date educational curriculum, etc. The Day Care Center has a capacity of 100 plus children consisting of 3,630 sq ft, with multiple levels and a full basement. The sale includes private parking on site which is part of the lease agreement. The business is operational seven days per week with hours from 7:00 am to 7:00 pm. The business has a New York State license as a children's day care center. The sale will include a long term commercial lease with a monthly rent of $12,000. The business has a full staff of experienced employees who are unaware of the pending sale and expected to remain post closing. The Center also offers Extended Care programs which includes full time before & or after care, parent night out and supplies transportation to and from school with its own school bus. The owner has elected to retire from the industry and will finance the transaction and option for the real estate.

 

   
Year Business was Established: 2005
   
Number of Employees: 12  
   
Facilities / Terms of Lease: The facility consists of 3,630 square feet in an attractive free standing building with a clean modern image. The facility is made up of various children class rooms designed for different ages, including modern children lavatories, computer room, kitchen, ample storage and a full basement. The center is set back on a large property with a full outdoor play area with upgraded modern equipment.  
   
Potential Growth/Expansion: With the continued marketing plan this day care center will maintain a substantial income to the owner operator.  
   
Competition: No other children day care centers are in this particular area and the seller will supply a long term non compete agreement to the new operator.  
   
Owner willing to finance: Some owner financing is available to qualified buyer.  
   
Owner willing to train: The seller will supply a full transitional period and remain sixty days post closing.  
   
Reason for selling: The seller is retiring after many years of success in this educational industry.  
   
Seller Reference Number: DYCR279
BusinessMart.com Listing Number: 114317
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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