Preschool & Daycare Child Care Center

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Asking Price:
$1,350,000

Gross Revenue:
$650,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Well established popular Children’s Daycare and Preschool business with real estate is for sale. The business is licensed for 50 children and offers full child daycare programs with preschool curriculums.

The school is in a 6,524 s.f. (gross) contemporary building on a main road connecting downtown Danbury, CT, I-84 east (Hartford) and west (NY) and Rte 37 & 39 thru New Fairfield and Sherman to New Milford, CT. Short ride to Rte 22 (Putnam County) and Paterson, NY and the commuter railroad stations in Brewster and Brewster north.

School established 47 years (1971), present Owner over 18 years.

The property description includes +/- 1.53 acres with paved parking for +/- 13 vehicles (+/- 3,381 s.f.). There are 2 separate fenced playgrounds (+/- 6,720 s.f.), a grassy area (1,102 s.f.) for miscellaneous activities and a covered patio (672 s.f.).

The building areas include a lower level, main level, and second floor. The lower level area includes a breakroom and office area, utility room, laundry room, work shop and a 2-car garage. The main level includes an open infant area, a toddler’s area and an area for children over 3, plus a kitchen. The second floor has a 7 room, 4-bedroom, 1 bath contemporary apartment with vaulted ceilings, open area kitchen, dining room and living room, modern appliances, lighting and fixtures. This is currently used as the Owner’s residence but in the past the area was leased.

Sales have been steady at +/- $645,000 per year and Owner’s Cash Flow of more than $296,000 is projected for a working Owner living rent free in the apartment and the business not paying rent. (Note - don’t forget you might have a payment to yourself or another financing source).

This is a great opportunity to own an established Daycare and Preschool business along with the Real Estate and an income producing investment apartment (or your own living quarters). Owners want to slow down a little, possibly move to a warmer climate. They might consider just selling the business, possibly participate in the financing of the business and real estate, and maybe even working for the new Owner for a while.

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Forms are available at this Listing, on our website, (from the link in front of the pictures) or can be e-Mailed to you upon request. Detailed financial information showing ability to purchase and proof of funds may be required before a meeting or conference call is scheduled.

About the Business

Year Established:
1971
Number of Employees:
11
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About the Sale

Reason For Selling:
Owners want to slow down a little, possibly move to a warmer climate.
Training/Support:
Owners will assist in the transition. Might even work for the new Owner for a period of time.
Seller Financing:
If qualified Seller might do some financing

Listing Info

ID:
1537078
Ad Detail Views:
321

Attached Files Attachment Disclaimer

  Confidentiality Agreement And Qu... (146 KB)
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Business Listed by

C.J. (Charlie) Vlahos

Blanket Real Estate

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
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