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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Day Care Center & Property
(Educational, Day Care)
Ocean County , NJ
Listed Price: $ 550,000
Listing ID: DYCR559

Listing DetailsGross Revenue: $ 293,293
Cash Flow: $ 100,608
FFE: $ 75,000 (Included in Price)
Inventory: $ 1,500 (Included in Price)
Reason for Sale:

Owner has elected to retire.


Training & Support:

The seller / owner will remain after closing and is prepared to supply an appropriate transitional period to the new owner / operator.


OperationsYear Established: 2009
Days & Hours of Operation: Mon.-Fri. 7:15am-5:30pm
Non-owner Payroll: $ 9,000
Employees: 7
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 1680
Facilities:

This business opportunity which represents a children’s day care center and Pre School is in Central New Jersey, Ocean County. The general area consists of various affluent and highly populated communities with continued demand for this industry. This thriving child care center consists of a modern free-standing structure, conveniently located for parent convenience. The business facility consists of approximately 1,680 square feet with an innovative and attractive appearance.


SummaryBusiness Description:

This nine-year young attractive facility is zoned for thirty-nine children with an average enrollment of approximately sixty children. This business offering will evidence a 2017 gross yearly income of $293,292, a net yearly income of $100,608 and an increase in the 2018 yearly income. This successful New Jersey licensed Preschool & day care center is a profitable educational business that serves various communities of Ocean County. The center offers an enriching environment and uses child-centered curriculum that foster self-confidence and sense of freedom among children. The school provides balanced learning by integrating recreational activities with academics. This children’s center consist of seven full & part time employees with substantial experience who are unaware of the pending sale. The payroll is primarily based on an hourly wage, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $9,000. The business transaction does not offer a lease; the owner has elected to market the business and real estate as a package sale. The business fixed assets has an estimated value of approximately $75,000 which is based on the original equipment and licensing buildout & replacement cost. This profitable children’s center operation is active five days per week with hours from 7:15 am to 5:30 pm. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.


Competition:

Regarding competition, 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.


Potential Growth:

The business can be further developed by the new operator, by increasing its hours to 6:30 pm, and an improved marketing plan for local advertising.


Financing/Terms:

Seller financing may be considered.