Profitable licensed Preschools / Child Day Care Centers (2 locations)

Brooklyn, NY (Kings County)

Profitable licensed Preschools / Child Day Care Centers (2 locations)
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Asking Price: Get Financing: $1,550,000

Cash Flow: N/A

Gross Revenue: $1,650,000

EBITDA: $450,000

FF&E: N/A

Inventory: $120,000

Lease Rate: N/A /SF

Established: 2004

Profitable licensed Preschools / Child Day Care Centers (2 locations)

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Business Description

Established Business

Profitable daycare centers have been in operation since 2004. Currently, there are three locations, 1 in Brooklyn and 1 in Manhattan.
All brunches located in high income, safe, residential areas.
Maximum number of children that centers can serve is over 170.

Currently, we have leases for all locations that are good for 10 years + and the price per square foot is below the market value.

One of the locations is contracted with NYC to provide UPK service. The contract is valid for 3 more years.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,000
Lease Expiration:
N/A
Employees:
25
Facilities:
All daycare centers are equipped with furniture, educational materials, and toys. Two out of three centers have their own huge private playgrounds, and one center located within one block of public playground. Over 9,000 square feet of space for 2 locations.
Growth & Expansion:
We practically do not advertise and yet are very profitable. Sure with promotion running the income and net profit can be substantially increased.
Support & Training:
Our daycare centers are staffed with teachers, aids and directors, that have been working with us for many years. We will be providing the training and support to the new owners to make the transition as smooth as possible.
Reason for Selling:
Have new business that we are investing our time and efforts (not education).
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Business Listed By:
Maksim Kondrukevich

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