Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Day Care Facility In New York For Sale

New York, US
Asking Price:
$400,000
Sales Revenue:
$232,000
Cash Flow:
$105,000

LISTING ID: 35217

Long-established (25 years) Bronx daycare center. Located on the main road. Open 7:30 am to 5:30 pm. Two licenses were issued: an Infant toddler license for 5 children and a preschool license for 25 children. It has 3 large 400 sq. ft. rooms, 1560 sq. ft., plus 216 sq. ft. backyard for play. Most of the tuition is paid for by ACS vouchers. Overseen by NYC Dept. of Health and Office of Children and Family Services. Monthly gross pre-covid was over $26k per month for the full capacity of 29 children. There are now 16 children and growing, with 3 years left on the lease, but the landlord will extend the lease. Dedicated local staff will stay. Absentee owners take a $60k per year salary. The director makes $45k per year, but she will not stay. A buyer, owner, or operator will net a total of $105,000 plus. The seller seeks an owner-operator as a buyer. Proof of funds is required for a call or meeting with the owner. Contact the broker for more details.

Business Operation

Reasons for selling:

Other business

Employees:
4 FT/1 PT
Years established:
25

Other Information

Support & training:

Seller will train

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

300,000.00 Down & $100k over 3 yrs @ 5%

Furniture / Fixtures value:
$75,000
Relocatable:
This business can be relocated.