High Profit Child Day Care With Excellent Reputation For Sale

Business description

A reputable and long established Child Day Care Center located in a prime area of Passaic County, New Jersey. This highly known and used child care business is a twelve (12) month program which offers families excellent child care and preschool services for children ages infant to 6 years old. The facility is located in a beautiful property and is approved for 148 children. The center consists of an outstanding 5,000 square feet, which includes a large outdoor play area. The business maintains a steady enrollment which is always over 100 children and the business also offers a summer program. This is a profitable business in a very attractive setting that is highly accessible to the surrounding working class communities. The business produces annual sales above $600,000 and nets a minimum of $150,000. The present owner has relocated out of state and is presently operating absentee. Therefore, this sale is extremely confidential and can only be viewed from the outside area or by appointment only. Please contact us for further info.

Property information

Real Estate:

Lease

Lease terms:

The owner has been at the location for many years and receives 5 year continuing lease terms. A new 2+3 year term will be supplied for the new owner.

Leasehold rent:

$144,000 per annum

Location:

Business facility is a total of approximately 5,000 square feet and located in a beautiful, excellent maintained setting which includes a large outdoor play area. A large parking area is included in the sale.

Premises details:

The day care is approved for 148 children and maintains a steady enrollment above 100 children.

Size in square feet:

5,000

Other information

Expansion potential:

The owner is currently operating absentee from out of state, therefore, an owner operator can further improve the cash flow of the business.

Competition / Market:

No similar, long established competitors exist in the immediate area.

Support & training:

Seller will provide a complete due diligence review period.

Reasons for selling:

Relocated out of State

Trading hours:

Monday thru Friday
7:00 am to 6:00 pm

Owner financing:

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

Financing available:

Seller financing is available

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)