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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Franchise Day Care Center
(Educational, Day Care)
Monmouth County , NJ
Listed Price: $ 395,000
Listing ID: DYCR572

Listing DetailsGross Revenue: $ 743,594
Cash Flow: $ 129,969
FFE: $ 270,000 (Included in Price)
Franchise Info: This business is an established franchise
Reason for Sale:

The owner is relocating out of the state.


Training & Support:

The seller/ owner will remain post-closing to supply a transitional period also, franchise training and approval is required for this business transaction.


OperationsYear Established: 2008
Days & Hours of Operation: Mon.-Fri. 6:30am-6:30pm
Non-owner Payroll: $ 24,000
Employees: 14
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 28000
Monthly Rent: $ 16,820
Square Footage: 10000
Facilities:

The business opportunity is in central / northern New Jersey in Monmouth County of located in an active commercial area with various highly populated affluent communities and continued demand for this personal service industry. The center is conveniently located on a major state highway. The facility is ultra-modern, with a beautiful design, consisting of multiple classrooms for each age group. The center has a full commercial kitchen; modern children & adult bathrooms and large indoor & outdoor children’s play areas. The facility has been built as a high capacity profitable children’s day care center.


SummaryBusiness Description:

Wonderful business opportunity for this national franchise children’s day care and pre-school center in a prime area of Northern / Central New Jersey with a 2018 gross income of $743,594 and continued growth. The franchise is a highly successful day care organization and offers full training & support to its franchisees. It is an award-winning national children’s day care franchise organization known for excellence in child care and 28 years of experience with servicing children and families. This center offers an optimal environment for children to learn and grow with a customized curriculum. This day care facility is a state-of-the-art child development center consisting of approximately 10,000 square feet with a capacity for 158 children and a wonderful 5,000-square foot outdoor child safe and modern play area. The center currently has an active number of children enrolled and continues to expand. This franchise is considered the best in the industry, designed for a substantial net profit to the owner operator with continued growth opportunity. This business operation has 14 employees who are unaware of the pending sale and fully expected to remain post-closing, the monthly payroll of approximately $24,000. The business has an assignable commercial component which expires 2029-01-01 plus additional options, with a monthly rent of $16,820, plus taxes, cost per square foot $19.50 and rent security $28,000. The business fixed assets has an estimated value of approximately $270,000 which is based on the total replacing, build out cost including, licensing and asset replacement cost, etc., and the sale consists of a fully equipped day care center . This day care business operation is active five days per week, with hours from 6:30 am to 6:30 pm, additional hours are offered for before and after school care services. The business has been valued priced at $395,000 based on a multiple of the business net yearly income including the value of the specific business assets. Additionally, seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating, also the required is purchasers transfer franchise fee of $25,000 which includes training cost. The 2018 yearly gross income is $743,594 and the business will evidence a yearly net income of $129,969 based on an owner operator and prior to debt service. This modern children’s day care business has a reduced royalty free from 6% to now 5% representing a substantial savings to the owner. A due diligence is always required to substantiate the details of sale. This is a remarkable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a wonderful return on investment to the onsite owner operator, prior to debt service. 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 may not represent this particular business.


Competition:

The franchise has a geographical non-compete restriction and to the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply a non-compete agreement to the purchaser.


Potential Growth:

The business can be further developed with an improved and more aggressive marketing plan, optimization of the web site and social media improvement.


Financing/Terms:

Seller financing is available to a qualified buyer.