Preschool & Daycare Child Care Center

Danbury, CT (Fairfield County)

Seller Financing Available
Preschool & Daycare Child Care Center
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Asking Price: $1,350,000

Cash Flow: N/A

Gross Revenue: $650,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1971

Preschool & Daycare Child Care Center

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Business Description

This business is "On Deposit"
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 $266,000 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.

Attached Documents


Detailed Information

Location:
Danbury, CT
Employees:
11
Financing:
If qualified Seller might do some financing
Support & Training:
Owners will assist in the transition. Might even work for the new Owner for a period of time.
Reason for Selling:
Owners want to slow down a little, possibly move to a warmer climate.
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Contact the Seller

(from currently available funds)
 
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C.J. (Charlie) Vlahos

Business Listed By:
C. J. (Charlie) Vlahos

Blanket Real Estate

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The New York Association of Business Brokers (NYABB).

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