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Day Care Pre - School Franchise Business
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1560000
Net Profit / Cash Flow $295000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2009
Number of Employees 20 - 34
Inventory $375000 equipment & $1500 inventory.
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training The seller will supply a long term transitional period and remain thirty days post closing.
Reason for Sale The owners are a corporate group who are involved in alternative businesses.
Description Best of the Best Children s day care franchise located in the borough of Manhattan/Brooklyn, NY. This franchise is recognized as the premier children s day care center offering the highest quality of service. This three year old business will produce a gross income of $1,560,000 and evidence a net yearly income of $295,000. Based on price and net income the sale will evidence a minimum 25% return to purchaser prior to debt service. The center consists of an 11,600 sq ft facility, multiple floors with a state of the art design to maximize it highest and best use. The center is licensed for 143 children and will be reaching its maximum capacity within months. This business is presently owned by a private group who is absentee and employees a manger of operations, an educational director in addition to a full staff. The day care/preschool offers a twelve month program including a full summer session. The center offers premier child care to children ages six weeks to five years including after school care for children up to eight years of age. The center is a complete child development center with a dynamic, fun environment. The facility which is three years young consists of 11,600 square feet in a modern attractive commercial building. This day care has multiple levels and a beautiful state of the art enclosed roof top children s play area. The center has various rooms specifically designed for separate and independent learning activity. The Center is located minutes from Manhattan, NY consisting of a huge urban population with continued demand for children services.
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