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Profitable In Home Daycare In New York City For Sale

New York City, New York, US
Asking Price:
$280,000 Furniture / Fixtures included
Sales Revenue:
$256,000
Cash Flow:
$100K - $250K

This in-home group family daycare charges center-based prices! Great reputation with local families and get calls from families moving into the area from out of state or out of the country. 5 stars on Google/Yelp and with a waitlist of families. Most seats are full for Fall 2024. There is a playground very close by. Near a lot of trains and buses (20 mins to midtown). Near lots of shops, restaurants, university/college, hospitals, etc. The earning potential is big!
We are licensed and regulated by the Department of Health and Mental Hygiene. The apartment lease is annual or month-to-month optional (the landlord is flexible).

Licensed for 16 children. The buyer will have to commit to getting the Department of Health license changed into their name. Training and guidance will be provided by the seller.

Note: Sales Revenue amount accounts for 8 children during 2023 (owner chose not to fill all seats). Earning potential is much higher!

Property Information

Real Estate:

Lease

Living Accommodation:

Owner must list apartment as a primary residence according to daycare regulations

Location:

Hamilton Heights NYC

Premises Details:

One-bedroom apartment

Business Operation

Expansion Potential:

The landlord is open to allowing the renter to use more apartments for daycare

Competition / Market:

Nearby in-home daycares

Trading hours:

7:30 am - 5:30 pm

Employees:
3
Years established:
4

Other Information

Support & training:

Owner will train the buyer in transiting the licensing and keeping the seats full

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

$15K down + remaining bal paid over 3 years at 3%

Furniture / Fixtures value:
$10,000 - included in the asking price
Home based:
This business can be run from home.