MergerPlace

Daycare & Pre-School Educational Center

New York


  • Asking Price: $1,800,000
  • Gross Income: $1,550,000
  • Cash Flow: $350,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206192
  • Established: 2000
  • Employees:

Business Description

This is an outstanding opportunity to be the owner of successful, fully equipped Early Childhood Center. The facility serves both as a Daycare Center as well as an Early Childhood School serving newborn through Pre-K. It is situated in a perfect location near parkways and population. The educational program is the first priority with the national common core standards. There are separate physical and occupational therapy rooms to insure privacy, Smart Boards in every classroom and a separate library. The facility is well known as a quality and caring organization operated by the primary owner since 2001. It services well over 130 full time students from infant to Pre-K as well for expansion to over 180. The business has services private paying families (70%) as well as families whom qualify for social services childcare benefits(30%). The school has a service agreement with the Department of Social services which enables the center to service families who qualify and be paid directly from the department of Social services. The school is also enrolled and follows the government food reimbursement program known as CACFP (Child and Adult Care Food Program). The center has a capacity of 241 and is currently licensed to operate Monday through Saturday 6:30 am - 11:00 pm. The center is currently open Monday through Friday 6:30 am - 6:30 pm . There is a tremendous opportunity for growth due to the high demand for quality childcare. This school's reputation is stellar, the staff is fully dedicated and needs a new owner to take advantage of growth potential, Opportunities also exist for weekend programs and classes. It is also an ideal location for a national franchise and would start with an outstanding foundation of loyal families, many with multiple children or who have had siblings in the school.


Business Details

Primary Business Category: Services - Educational
Location: New York

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,800,000
Gross Revenue: $1,550,000
Cash Flow: $350,000
Seller Financing Available: Yes

Property Information

Facilities:

Strengths include a state of the art 20,000 square foot facility, handicapped accessible, indoor play ground, separate lunch room equipped with a new kitchen area, a dance room, an indoor gymnasium and outdoor plaground space. The facility is completely equipped with a state of the art fire/burglary alarm system. The facility is fully sprinkled and is equipped with a closed circuit web based video surveillance system which covers the interior and exterior in its entirety. The security system also includes a high tech fingerprint authentication system utilized for the signing in and out of the children and employees for safety and security reasons. All entry points are video and alarm secured. This is a turnkey business and ripe to be taken to the next level. The condition of both the interior and exterior is immaculate. All of the classrooms have been remodeled and or renovated over the past 12 months. All furniture and fixtures are of high quality as well as new condition. Everything in the classroom are both age and developmentally appropriate for the group each classroom serves. Classrooms are up to code with proper exits, bathroom availability and meet all state licensing requirements.

Growth & expansion opportunities:

Fantastic growth opportunities with school not at capacity, the need for additional after and before hour care, weekend and summer programs not currently offered.

Competition:

Competition exists but without the structure and teaching capabilities of this institution.

Reason for selling:

Relocation

Support & Training:

Fully available with director willing to continue in current capacity

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Business Listed By:

Anthony Citrolo

New York Business Brokerage