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Business for Sale Summary

Preschool & Daycare For Sale in Ct - 35373

Business Type: educational services / schools,other personal services,schools/ education,seller financing available,day care center
Owner Financing
Preschool & Daycare For Sale in Ct
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Financial Information (non-confidential)

General Information
Asking Price $1,150,000 Down Payment $750,000
Gross Revenues $1,025,600 Lease Remaining Register Free to View
Owner’s Cash Flow $373,065 Number of FT Employees Register Free to View

Financing

$750,000 Down and $400,000 over 4 years @ 5%

Business Description

Long Established (40 years) two locations Preschool and Daycare Center. State grant funded by 3 agencies, renewed every 2 years. Nationally accredited and proprietary high level curriculum (NAEYC). Just preschool programs now but has licenses for nursery, infant and toddler day care. Provided 2 years ago. 79 families served at both locations with emphasis on children of economically disadvantaged families. State grant funded by three agencies, renewed every three years. State of Ct The Dept of Education and Office of Early Childhood provided funding. Other grant programs in place. NYEYC accreditation. 20 preschool children are served at one location, (East), of 1,500 sq. ft (without outdoors and small office at $1700 per month rent). 59 children are served at a second 2,774 location (West) without halls and outdoors at $ 1,450 per month. Both centers have new artificial turf, wifi, security cameras, floor, cabinets, windows, and AC. Proof of Childhood education background and Proof of Funds is required for the name and locations of the schools a meeting or calling with the owners. 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.