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Day Care For Sale with RE Option

22/wk
Middlesex County, New Jersey, United States
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Asking PriceUndisclosed
Revenue$323,458 Established1989
Cash Flow$40,518 Employees6 full-time
FF&E$245,000* FranchiseNo
Inventory$1,200* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wonderful day care center purchase opportunity which was founded in 1995 as a state of the art facility and conveniently located in the heart of Middlesex County, New Jersey. This profitable business transaction includes the day care center and an option to purchase the real estate. The center is also located near numerous highly popular active communities with continued need for child care service. Their experienced, loving staff provides children with a home away from home. This industry requires state government licensing approval to operate. This day care center has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $13,500. This sale will include a new lease with a monthly rent of $7,468, all in, cost per square foot $24.54. The business location consists of a free stranding commercial facility, on an active county road, approximately 3,652 square feet and has a capacity for 67 children. The business fixed assets has an estimated value of approximately $245,000 which is based on assets, equipment and licensing replacement cost and the sale consists of a fully equipped day care center, which includes outdoor play equipment, displays, shelving, curriculum, POS system, tables, computers, software 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. The facility has appropriate private & municipal parking on site as part of the sale. This successful day care center business operation is active five days per week, with hours from 7:30 am to 6:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to function as a children’s day care center. 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 consistent investment return to the owner operator prior to debt service. Also, based on a 25-year payout at 5% interest, 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. Please contact us for additional information. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:Highly active residential / commercial area of north central New Jersey and in the County of Middlesex. The general area consists of a highly-populated city with numerous surrounding urban cities. The facility which consist of 3,652 square feet has a warm modern attractive image. The business is located on an active commercial avenue near various highways conveniently located for the children and parents its services.
Competition:This general area, which consists of various highly populated communities has other competitors however to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:This business operation presently has a limited marketing plan, poor web site and if improved can further improve the enrollment and income.
Training/Support:The owner/seller will remain post-closing for 45 days to supply an appropriate transitional period to the new owner / operator.
Seller Financing:Conditionally approved to a qualified buyer
Sale Reason:Owner is retiring after many successful years in this industry.
Ad #98433
Seller Reference #DYCR524
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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