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This Business has been Sold!
Closing Date: 05/07/2007
Business for Sale Summary

Long Established Preschool - 5707

Business Type: educational services / schools,misc. service/non-classifiable
Sold
Long Established Preschool
On May 7th 2007, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $200,000
Gross Revenues $573,466 Lease Remaining Register Free to View
Owner’s Cash Flow $146,556 Number of FT Employees Register Free to View

Financing

$200,000 Down and $150000 3yrs 8%

Business Description

Long established school which is a Toddler, Nursery, Preschool and full day State certified, District approved Kindergarten located in Southeastern Suffolk County. The program consists of toddlers (2 yrs) through Kindergartners. Unlike so many others, this School is truly curriculum based (academic, song and dance ). An integral part of the curriculum is music and socialization. School's reputation attracts children from far East and West. School has achieved capacity enrollment every year. School follows the local school district calendar and operated a half day camp in July. Ideally located one half block north of busy main St. on 2 acres, in residential area makes for a safe, secure and serene setting. Currently has a 5 and 5 yr. lease. 7000 sq. ft building with huge back parking lot and wrap around driveways for easy and safe egress and exit. The building itself has been renovated specifically for preschool, i.e.., interior walls removed for easy flow and monitoring of children etc. It is fully equipped with all the necessary safety and child care features. Licensed by State Social services which most parents know is the gold standard for curriculum safety and security. The Social Services license (unlike all others i.e. child care council, assoc. of private schools license, etc.) is difficult to acquire as it imposes strict standards, guidelines and requirements. Many opportunities to build revenue and net income while maintaining program integrity.

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