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Business for Sale Summary

Established Day Care Facility - 35217

Business Type: absentee business,educational services / schools,schools/ education,seller financing available,day care center
Owner Financing
Established Day Care Facility
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $300,000
Gross Revenues $232,000 Lease Remaining Register Free to View
Owner’s Cash Flow $105,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $100k over 3 yrs @5%

Business Description

Long Established (25 years) Bronx daycare center. It was located on the main road. Open 7:30am to 5:30pm. Two licenses issued; Infant toddler licensed for 5 children, preschool licensed for 25 children. It has 3 large 400 sq. ft. rooms, 1560 sq. ft. plus 216 sq. ft. backyard for play. Most of the tuition is paid for by ACS vouchers. Overseen by NYC Dept. of Health and Office of Children and Family Services. Monthly gross pre-covid was over $26k per month for the full capacity of 29 children. Now 16 children and growing, 3 years left on lease but the landlord will extend the lease. Dedicated local staff will stay. Absentee owner takes a $60k per year salary. Director makes $45k per year but she will not stay. A buyer/owner/operator will net a total of $105,000 plus. Seller seeks an owner operator as buyer. Proof of funds is required for a call or meeting with the owner. Contact broker Joseph Stansky for more details.

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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.