| Asking Price |
$174,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$235,000 | Real Estate |
|
| Cash Flow |
$68,000 | Year Established | 1994 |
| FF&E |
$20,000* | Employees | 6ft/3pt |
* included in the asking price
** not included in the asking price
Licensed for 40 children, the center offers programs for preschool children, toddlers and school age children. The academic program is excellent. Staff works with the local school system to prepare children for Kindergarten. Management does not advertise heavily but is involved in the community. Current owner does not work in the center and employs a full time director. The center is on the bus route for the near-by elementary school. It provides milk, juice and a snack menu.
Facilities: Well maintained facility which provides a home-like and enjoyable atmosphere for the children. The center,which was renovated in 2007, has approximately 2,200 square feet of space. There is ample parking for staff and parents. The owner of the business owns the building and will provide a long term lease. The initial rate of $2,200 per month includes heat, hot water and real estate tax.
Competition: A small center licensed for 14 children is in the market area. The Mohegan Sun day care center is also in the market area but it is expensive. Some employees of that center actually enroll their children in this center.
Growth/Expansion: The center is at capacity for the summer and there is a waiting list for the fall.
Support/Training: The staff is well trained and most are long-time employees. The present owner will assist in transition.
Reason Selling: The owner wants to concentrate on her career as a full-time teacher .

Francis R. Barillaro
203-639-0290
Cornerstone Business Advisors, LLC
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