Essex Daycare Center

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Seller:Vito Mastromonaco

Location:Essex County

Listing Num:4802979

Industry:Services: Education, Training

Asking Price:$475,000

Year Est.:2005

Employees:Not Disclosed

Yearly Revenue:Not Disclosed

Yearly Cash Flow:Not Disclosed

Yearly EBITDA:$NA

Yearly Net Profit:Not Disclosed

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Selling property

Overview of the Business:

This 2 floor daycare facility was set up for a children day care center. 1st floor 4 rooms, (infants setup for 10) 5 bathrooms. Basement, 2 care rooms plus 2 bathroom- has an office in mezzanine. Will take approximately $5,000 to bring center to competitive facility. Central heating and air conditioning roof top units. If abbot students can be obtained this day care would be very successful as there are no abbot schools in entire area. Competition is next door and if experienced owner who now would have any rental and cost expense to contend with; with reduction in cost to students this day can center can be filled to capacity. This facility is approved for AFTER CARE also.

Property Features and Assets:

2 floor facility, licensed for 57 (10 infants)- inside needs thorough cleaning but has the facilities- outside meter parking.

Market Competition and Expansion:

Getting students from new day care center next door.