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Preschool & Daycare Child Care Center
Location: United States -> Connecticut
Industry: Educational > Day Care Centers




Business Summary

CTS
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.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $645,000
Cash Flow:   $266,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1971
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owners will assist in the transition
Reason For Selling:  Owners want to slow down a little, possibly move to a warmer climate.

Photos

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Preschool & Daycare Child Care Center Photo 1




Print Listing Id: 700323512
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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