Description

Fantastic Free-Standing Day Care Center with Property in Nassau County. ***PRE-APPROVED FOR SBA LENDING*** (You need only 25% down on the business price and 10% down on the property). Conveniently located just walking distance from public transportation, this business has been catering to families in Nassau County for over 22 years. This 3,300 sq. ft. facility is licensed to take care of up to 52 children (from Infant to 5 1/2yrs. old) at any time. They have their own parking lot. The facility offers all new carpeting, furniture & fixtures, a/c, and a new roof. The curriculum is nationally recognized. They are also approved for DSS (Nassau County supplemented voucher program for families in need). The business currently operates from 7am-7pm, but there is room to expand into a before and after care program for public school kids. In fact, if that expansion takes place, they have been approved to be put on the local school district bus route. Although the owner is on-site most days, there is roughly 3 hrs. of work per day as the business is fully staffed. Business has shown strong and consistent revenue though a very tough economy. In the past year the business grossed approx. $578,303.00 with a net income of approx. $238,261.56. ALL FINANCIALS ARE WELL DOCUMENTED AND 100% VERIFIABLE! (An owner/director could reduce payroll substantially). This is a fantastic opportunity for anyone in the childcare field or anyone looking for a solid, established business and property. Why throw away money on rent when you can own the building? With so few day care centers for sale on Long Island, this one surely will not last. We are seeking a serious and financially qualified buyer with Proof of Liquid Funds for at least $400K to qualify for SBA financing. The business and property MUST be purchased together (Business - asking $635K, Property - $700K (subject to bank appraisal). Please refer to the Confidentiality Agreement below for further information.
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Financial Summary

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