Description

Quality business opportunity for this highly successful Children's day care / Pre School franchise center, located in Southern New York, Orange / Rockland County. This franchise is recognized as the premier children's day care center offering the highest quality service to the children it serves. The day care center consists of approximately 12,000 square foot facility, with a state of the art design to maximize it highest and best use. This business is licensed for 155 children, presently has 116 children enrolled, and continues to improve its position. This center has a 2015 gross income above one million dollars and will evidence a solid net yearly income to a potential buyer. This Day Care center is presently owned by the franchise as an absentee company, employees a manager of operations and, an educational director in addition to a full staff. The day care/preschool offers a twelve-month program including a full summer session. The center offers premier child care to children ages six weeks to five years including after school care for children up to eight years of age. The day care center is a complete child development center with a dynamic, fun environment and is an excellent investment opportunity. Based on the selling price and net income the purchase will evidence a consistent investment return to the owner operator. The Center is located minutes from all major state highways including the New York Thruway. This general area consists of a highly affluent residential population, numerous communities and a great deal of private companies with continued demand for children services. The day care is on an active county express road close to various highways designed for parent convenience. The facility which is 12,000 square feet is in a modern attractive free standing commercial building. This day care has an attractive image; private entrance and beautiful state of the art outdoor children's play area. The center has various rooms specifically designed for separate and independent learning activity. The sellers represent an absentee owner corporate group. This day care business FF&E which represents the original build out costs is $450,000, plus post-closing working capital. The sale consists of multiple classrooms, state of the art outdoor play area, computers and various equipment and franchise curriculum required for quality children's day care services, The building has a legal capacity for 155 children, consisting of multiple sections. The day care center has substantial private parking at the facility as part of the commercial lease agreement. The center is operational five days per week with hours from 6:30 am to 6:30 pm. The sale includes a municipal Certificate of Occupancy and the center is approved as a licensed day care center with the state of New York. The business has a long term corporate lease which expires 26/01/01 plus additional options with a monthly rent of $20,900, and rental security of $30,000. The center is fully staffed with twenty-six experienced employees including various managers who are unaware of the pending sale and fully expected to remain post-closing. The franchise has a non-compete distance agreement with each franchisee, also due to the dynamics of the center, no other similar competitive day care centers are expected in this general area.

Posted Aug 2, 2016

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