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Established Day Care Facility With Real Estate For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $500000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide training
Reason for Sale Retirement
Description The Day Care Facility started out in the residence of the current owner many years before. By 1995, they realized they had to enlarge the facility and build an amazing daycare with large rooms for each age catagory. A large kitchen, huge storage and a huge after school child care area. Outside they have three separate playground, large parking facilities for parents which also becomes an area for children to ride their bikes. They have a school bus to pick children up for the after school care.
This is a high traffic area so the facility is visable and well known and on a business and school route. The staff is long term and dedicated, well-trained and highly motivated. It comes fully furnished with enough toys to fill a toy store.
Sale price includes the real estate valued at $1.1MM. The owners are willing to hold a large note because of capital gains issues. The land has 5 acres and is adjacent to several large businesses that would probably be happy to acquire a piece of the property for a considerable sum. Therefore, reducing the actual cost of the building and property. Additionally, there is a house on the property that could be a home for the buyer, rental income for three separate tenants or, sold or leased as a pediatric medical/dental facility.
This is a rare gem that has not been developed as it can be due to the old fashioned values and business logic of the owners. They are willing to assist the new owners in any way along with financing.
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