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Modern Children's Day Care Business For Sale

Ocean County, New Jersey, United States
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Asking Price$695,000
Revenue$640,184 Established2008
Cash Flow$175,000 Employees12 full-time
FF&E$275,000* FranchiseNo
Inventory$2,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Modern children’s day care center located on an active county road in Ocean County, NJ. The center has an enrollment capacity for 93 children and the present capacity is approximately ninety children. The center offers services for children from age six weeks to private kindergarten and after school to age twelve. The program has State Certified Teachers, who are experienced and knowledgeable in their field. The center reviews the curriculum of the area public schools from where the children would normally attend. The sale can include the real estate or with an option to purchase. They structure the program to reflect the skills and concepts that they set forth in their curriculum guides to insure the children make a positive and successful transition into the public or private first grade programs. The primary goal and focus is to provide a challenging program that will stimulate and continue to develop the children's intellectual, emotional, social, motor skills, language stimulation, listening skills and work studies habits. Additionally, they concentrate on the child’s reading and math readiness, positive self-image through a warm, supportive learning environment and a love of school and learning. The program allows for children's individual differences and rates of learning through their small class size, varied materials and close communication between home and school regarding the child's educational progress. The sale includes a fully equipped commercial children’s day care center with specific software for this particular industry, computers, various play equipment, a specific curriculum designed for this center, tables, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has twelve employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $12,500. The offer will include a new fifteen-year commercial lease which expires 2031-01-01 plus an options to purchase the property, with a monthly rent of $11,400 and rent security $20,000. The business s in a free stranding facility which consists of 4,900 square feet and has a capacity for ninety-three children. The facility has appropriate private parking on site. The business is active five days per week, with hours from 6:30 am to 6:30 pm. The sale includes state approval, a certificate of occupancy from the particular municipality and the required licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a dependable investment return to the owner operator prior to debt service. The 2015 yearly gross income is $640,184 and yearly net income of $175,000 as an onsite owner operator and prior to debt service. The business has been valued at $695,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. The price value of real estate is $1.725,000. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Facilities:Located on a convenient county road and prime area of Ocean County, New Jersey. The area consists of working family communities who continue to have a substantial demand for child day care and after school services. The facility is five years young, which consists of approximately 4,500 square feet in a free standing building and various classrooms, kitchen, separate rooms for special activities and a wonderful outdoor pay area.
Competition:To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business presently has a limited marketing plan, poor web site optimization and semi absentee ownership, if improved can further developed the business bottom line income.
Training/Support:The owner will remain post-closing for 30 days and supply a transitional period.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The owner is retiring after many successful years.
Ad #87693
Seller Reference #DYCR449
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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