Day Care Nursery School In NYC
Price
$475,000
Location
Manhattan, New York
Industry
Education and Children
Listing ID
6302022
THIS BUSINESS IS SOLD Well-known NYC Downtown Neighborhood Nursery School in business since 1986 serves families with children ages 1-5 years old offering full and half day programs. The nursery occupies 6,000 SF on the ground floor of a condominium building with seven bright and sunny classrooms and a private access to an enclosed backyard equipped with safety matting and various play equipment, tricycles, and playhouse. They are accredited by the National Association for the Education of Young Children (NAEYC). The Nursery is only one of two schools in the area contracted with the DOE for the federally funded 3K classrooms starting September 2021. Enrichment Programs (yoga, cultural dance, music, art farm, singing) and Summer Program also offered. Fully committed for Fall but can expand to add 10 more enrollments by converting the library to a classroom. Further Growth Potential by adding language programs and other enrichment programs. The neighborhood it serves is a peaceful enclave in NYC with a captive customer base earning dual incomes with young children. Current owner lives out of state with experienced management in place.
Other interests
Will provide
Price: $475,000
Location: Manhattan, New York
Industry: Education and Children
Listing ID: 6302022
THIS BUSINESS IS SOLD Well-known NYC Downtown Neighborhood Nursery School in business since 1986 serves families with children ages 1-5 years old offering full and half day programs. The nursery occupies 6,000 SF on the ground floor of a condominium building with seven bright and sunny classrooms and a private access to an enclosed backyard equipped with safety matting and various play equipment, tricycles, and playhouse. They are accredited by the National Association for the Education of Young Children (NAEYC). The Nursery is only one of two schools in the area contracted with the DOE for the federally funded 3K classrooms starting September 2021. Enrichment Programs (yoga, cultural dance, music, art farm, singing) and Summer Program also offered. Fully committed for Fall but can expand to add 10 more enrollments by converting the library to a classroom. Further Growth Potential by adding language programs and other enrichment programs. The neighborhood it serves is a peaceful enclave in NYC with a captive customer base earning dual incomes with young children. Current owner lives out of state with experienced management in place.
Gross Revenue: $1,800,000
Cash Flow: $219,000
EBITDA: $219,000
Reason for Sale: Other interests
Training & Support: Will provide
Year Established: 1986
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New York, NY 10001
Price
$475,000
Location
Manhattan, New York
Industry
Education and Children
Listing ID
6302022
THIS BUSINESS IS SOLD
Well-known NYC Downtown Neighborhood Nursery School in business since 1986 serves families with children ages 1-5 years old offering full and half day programs. The nursery occupies 6,000 SF on the ground floor of a condominium building with seven bright and sunny classrooms and a private access to an enclosed backyard equipped with safety matting and various play equipment, tricycles, and playhouse.
They are accredited by the National Association for the Education of Young Children (NAEYC). The Nursery is only one of two schools in the area contracted with the DOE for the federally funded 3K classrooms starting September 2021. Enrichment Programs (yoga, cultural dance, music, art farm, singing) and Summer Program also offered.
Fully committed for Fall but can expand to add 10 more enrollments by converting the library to a classroom. Further Growth Potential by adding language programs and other enrichment programs. The neighborhood it serves is a peaceful enclave in NYC with a captive customer base earning dual incomes with young children.
Current owner lives out of state with experienced management in place.
Other interests
Will provide
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
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