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Child Daycare

Richmond County, New York

Asking Price: Gross: Cash Flow:
$160,000 $147,500 $45,500

Furniture and Fixtures Value:
$3,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Real Estate:
$650,000 ( not included in the asking price)

Business Summary:
Richmondtown Children’s Pre-School, Inc.School Premises:1. Turn-key move-in as a pre-school business.2. Licensed school w/ no violations.3. Sale will include school furniture & indoor/outdoor equipment.4. Experienced help available.5. Potential to increase income:• Early hours• Extended after care• Use of facility Saturday and/or Sunday for additional activities (i.e. tutoring, dancing, drama art, etc.)• Summer Camp6. Potential for free city funding to expand school upstairs for UPK or Daycare (7am to 7pm i.e.)7. Upstairs accessible to downstairs level. Separate heating & electric system.Property:1. School on Main Street w/ excellent media exposure.2. Bus stop on Richmond Road 100 feet from School w/ plenty of street parking available.3. Plot size 60”x12” w/ circular driveway & extra parking space on side.4. Large rear concrete patio.5. Property has city sewer & water6. Childproof gating around rear yard.7. Rear of property fronts the wetlands where no building is allowed.8. Property is zoned for professional business as well.

 
   
   
Year Business was Established: 31
   
Number of Employees: 3 FT 2 PT  
   
Facilities / Terms of Lease: 26.5 x 40 rooms w/ tables, chairs, circular driveway for easy drop off & pick up & parking for 1 car. Building is 30+ years & in excellent condition. Lease 10 years + options NNN. Terms & lease (rent) to be negotiated.  
   
Potential Growth/Expansion: Expand hours can have additional activities on Saturday and/or Sunday. Potential for free city funding to expand school upstairs, summer camp.  
   
Competition: Other centers in area but this the longest operating one.  
   
Owner willing to finance: All cash  
   
Owner willing to train: 30 days  
   
Reason for selling: Retirement  
 

 

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