Attractive modern-day care & preschool business in Middlesex County with a capacity for forty-nine (49) children which includes infants and toddlers. The facility is conveniently located in a commercial campus, just off major highways for parent convenience. This is a wonderful safe business opportunity and this children’s day care company expects to supply a consistent return on investment to the owner operator. The 2022 income continues to expand with additional enrollments and the next twelve months gross sales are projected at $325,000 and a consistent net yearly income of $90,000 to the owner operator. The business has been valued at $275,000 which is based a multiple of the projected yearly income which includes the business assets. Also, seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
- Asking Price:
- $275,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $325,000 (USD)
- Cash Flow:
- $90,000 (USD)
- Real Estate:
- Lease Terms:
Lease and terms, this business transaction will offer an assignable commercial lease which expires 2028-01-01, plus additional options available, with a monthly rent of $5,900 plus cam, modest cost per square foot and rent security required.
- Leasehold Rent:
$79,800 (USD) per annum
- Lease Rent:
- $35 (USD) per sq ft per annum
This successful retail facility which consist of approximately 2,000 square feet and has a modern professional appearance. The business is in a mid-size commercial mall with various other active retail and professional businesses. This opportunity is in Northern New Jersey, Middlesex County, which consists of various affluent and highly populated communities with continued demand for this industry.
- Size in square feet:
- Expansion Potential:
Regarding growth and expansion, the business opportunity can be further expanded by improving the marketing plan and a more aggressive advertising system. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.
- Competition / Market:
Regarding competition, to the best of our knowledge, due to various circumstances, 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.
- Reasons for selling:
The purpose of this business transaction is due to the owner involvement in an alternative business opportunity not in this children service industry.
- Trading hours:
Days Hours of operation, this children’s day care operation is active five days per week, closed weekends with hours from 7:00 am to 6:00 pm.
- Regarding employees and payroll, this day care operation has various full and part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is rather modest.
- Years established:
- Support & training:
Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Furniture / Fixtures value:
- $70,000 (USD) - included in the asking price
- Inventory / Stock value:
- $1,000 (USD) - included in the asking price