1. Home
  2. Businesses for Sale
  3. New York
  4. Service Businesses

Business for Sale Summary

Day Care For Sale- Richmond County, NY - 29889

Business Type: service businesses,day care center ,educational services / schools,misc. servicel/non-classifiable,other business services
 Day Care For Sale- Richmond County, NY
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 42 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $340,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and

Business Description

This business is currently run absentee. Work the business and reduce staff, and add another $50,000 to your take-home pay. A day care center located in Richmond County, New York has come on the market. Registered for 30 children, the business has a constant waiting list of children, ages two to six, for both the private and public sectors. Additional space is needed to serve that perpetual overflow, as well as increase the business and space, which is already built-out and included in the rent. This is available one floor below. Cosmetic improvements to the lower level and application made to city and state are all that remain to increase revenues by a third, and profits by 50%. In addition, the heavily-populated neighborhood needs and wants an after-school child care service, between the hours of 3pm and 6pm, so parents can work full days before picking up their children. Throw summer learning camps into the mix and, all-counted, revenues will increase from $340,000 per year to over $500,000, and profits from $140,000 to well over $200,000. Work the business and add an additional $50,000 to bring the revised earnings to more than $250,000. There is a two-bedroom, never-lived-in, spacious apartment upstairs, and that expected rental income is already factored in. The sellers work elsewhere (wife works the business part-time) and cannot add anything further to the business. They have decided to sell. The real estate is also available. In fact, the owner prefers to sell the business and real estate together. Call today for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.