Franchise Children's Day Care & Pre School For Sale

Business description

The sale of a successful franchise Children's Day Care & Pre School in Ocean County, New Jersey. The center is licensed for 196 children with 143 presently enrolled full and part time. The facility is 1.5 years old, 10,400 square feet consisting of numerous classrooms, indoor play areas, modern bathrooms, private office and a wonderful outdoor play area. This is a beautiful free standing center on a major highway with lots of private parking and a wonderful presence. This day care is state of the art designed, has an outstanding curriculum, is professionally staffed, offers after school programs coordinated with various school systems, infants approved and a full summer program. This business produces a yearly income of $1,050,000 and will easily provide a net cash flow of $168,000. However, based on the recent September & October figures, the Projected net income for 2009 is close to $200,000. The owner has elected to sell due to illness and cannot continue to maintain the business. The present staff is in place, including the director and all will remain with the center. The franchise is a long standing 25 year old national company that offers full support and assistance any owner.

Property information

Real Estate:

Lease

Lease terms:

The monthly rent payments are approximately $19,960.

Leasehold rent:

$239,520 per annum

Location:

Located in a prime area of Central New Jersey close to the Garden State Parkway for easy parent access in an excellent community with continued demand for children services. The monthly rent payments are approximately $19,960.

Premises details:

The facility is10,400 square feet, approved for one hundred and ninety six children with a present capacity of 143 children.

Size in square feet:

10,400

Other information

Expansion potential:

This is a newer center and requires further time to grow and expand.

Competition / Market:

Very limited competition, this center is unlike any other in the area, it is a must to see and cannot be compared due to the franchise position. The Center offers extended hours, 6:30 am to 6:30pm.

Support & training:

Seller will provide support and training during a transitional period. Additionally, the franchise is a 25 years old nationally known company that offers full support and assistance to the new owner.

Reasons for selling:

Seller's health condition.

Trading hours:

Monday thru Friday
6:30 am to 6:30 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$2,500 (included in the asking price)