NYC Preschool Day Care Center
New York, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $250,000 |
$983,456 |
$89,609 |
Furniture and Fixtures Value:
$90,000 (included in the asking price)
Business Summary:
Well maintained infant toddler day care center in the midst of Manhattan’s affluent apartment dwellers; demand in this area for this type of facility is overwhelming. Facility surrounding by well off apartment inhabitants. At present facility is licensed for 56 (60) toddlers/infants. Facility has kitchen to serve snacks and light meals. Fees can be raised. This year net income base on first 6 months will be well over $100,000. At present site has a high payroll of 54% - an experienced operator who can bring it down to industry standard of 45% can earn an extra $83,550 – This well heeled area of Manhattan apartment dwellers are constantly looking for top notch centers for their children. This center hits that criteria and demand for their facility is there even without advertising – this facility has its own ground floor private entrance away from apartment entrance. Parking garages abound in the area that will allow for unscheduled pick up or delivery to students. If there are any serious experienced operators who desire to increase profits to elevate value to an existing day care facility here is a challenge that will double centers market value. For further information, please contact 908-851-9040 Ext. 285.
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| Year
Business was Established: 1992 |
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| Number of Employees:
16 |
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| Facilities / Terms of Lease:
4,000 sq. ft. facility on ground floor of Manhattan well to do apartment building. Well kept with 13 more years remaining on lease – kitchen facilities food served |
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| Potential
Growth/Expansion:
Realignment of existing spaces can possibly increase facilities capacity |
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| Competition:
Not enough day care facilities in this area of Manhattan |
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| Owner
willing to finance:
Owner prefers $150,000 down $100,000 financed at negotiated terms |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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