Two Preschools Daycares With 3rd On The Way
Forest Hills, NY Queens County
Asking Price:
$1,500,000
Annual Revenue:
$1,749,951
Request More Information Contact the Seller
- RE: Two Preschools Daycares With 3rd On The Way
- Contact: Christopher Viskup
Owner Financing is Available!
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,749,951 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $450,351 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 156549826 | |
| Broker Reference #: | 83341-999267 |
Business Overview:
Two Preschools and Daycare Center's in Queens with a Third Location just opening. Businesses have licenses as well as Educational Directors.Various Lending options available.
Owner will train and stay on in transition.
Basic Financials....
With Third Location (One to Two Years out):
Revenue: $2,449,951 to $2,565,551
Cash Flow / Net: $550,311 to $600,311
Conservative estimate for 'Cash Flow to Owner' in 2021 is $450k as with two schools the last three years have put between $340-$405k in owners pocket. Her bookings for 2021 despite the pandemic already show that.
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Reason for Selling:
Moving out of state.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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