New York Family Owned Preschool Day Care Center For Sale

Business description

A family owned Preschool & Day Care Center located in a quaint town and excellent community of the Rockland - Orange County border in New York. The Business is in a booming area and consists of a high population of working families. The center is known for offering child care with an emphasis on learning through nurturing care. As a result, the program generates a yearly gross income of approximately $410,000 with a substantial net income for the current owner. The center is approved for fifty five (55) children and is often at its capacity due to the ongoing community demand. The owner is retiring after many years in the industry and is prepared to finance the sale to a qualified buyer. This opportunity also provides an excellent option for expansion & additional licensing with the lease of the second floor (available from the landlord) or purchase of the entire real estate property. Please contact our office for further details.

Property information

Real Estate:

Lease

Lease terms:

An existing lease expiring on 2015 and with additional options is available for transfer. The landlord will also provide an option on the purchase of the commercial real estate property, which includes another tenant. The real estate purchase is available through our real estate division.

Leasehold rent:

$66,000 per annum

Location:

The facility is located in a commercial area and consists of 2,800 square feet with approval for 55 children.

Premises details:

The facility is an attractive building with a large outdoor play area for the children. Ample parking is also available and included in the sale.

Size in square feet:

2,800

Other information

Expansion potential:

With further local and expanded area advertising, this business will continue to grow.

Competition / Market:

No other Child Day Care businesses exist in the immediate area.

Support & training:

Seller will provide a complete due diligence review period.

Reasons for selling:

Retirement

Trading hours:

5 Day operation- Monday thru Friday
7:00 am to 6:00 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing is available for a qualified purchaser

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)