Fabulous Free Standing Day Care Center
Location New York,United States
Asking Price Range < $250K
Gross Revenues $413145
Net Profit / Cash Flow $65792
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Fabulous Free-Standing Day Care Center For Sale in Orange County. This business has been catering to families in Orange County for the past 4 years. This 3,000 sq. ft. facility is licensed to take care of up to 55 children (from Infant to 5yrs. old) at any time. There is a current enrollment of 30 kids. The facility has 5 rooms (2 Infant, 2 Toddler and 1 Pre-School). It also has a full time director who is an employee that will stay on with a new owner. In 2008 Gross Sales were approx. $413,145 with a Net Income of approx. $71,000. The current owner has been forced to sell due to health issues. They were not able to realize full potential of this business. The enrollment can be increased and there is the option to expand the business to the next floor above where there is an additional 3,000 sq. ft. that can be rented to service an additional 55 children. It would be ideal for an after school program that is sorely needed in the area. If fact, the lease offers an option to buy the entire building. It is a stand-alone building with parking for 50 cars. We are looking for someone with some vision and energy to grow the business. It would be ideal for a husband and wife team. Buyers must have some business experience and love to work with children. Director credentials would be ideal, but not necessary as there is already a full time director. Be prepared to provide Proof of Funds for at least $120K, plus an additional $30K for working capital, closing costs, etc. Email or call Mel Vaz today to learn more at 631-909-1095.
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