Day Care Center & Property

Price: $499,000

Location: Monmouth, New Jersey

Industry: Day Care

Listing ID: DYCR624

Excellent business opportunity for this modern well-maintained combination Preschool & Day Care center approved and zoned for thirty-nine (39) children with an average enrollment of approximately sixty full & part time children. This business offering will evidence a 2018 gross yearly income of $301,181, a net yearly income of $114,089. This successful New Jersey licensed pre-school & day care center is a profitable educational business that serves various communities of Monmouth County. The center offers an enriching environment and offers 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 business opportunity is in a free stranding commercial facility, zoned 4A-Commercial, on a convenient road, consists of approximately 1,680 square feet and has a capacity for thirty-nine full time children. The property dimensions are 75 X 165 IRR, two story, 2018 estimated property taxes of $6,540.14, and a tax rate of $22.78. The location has a safe, modern interior, and state approved children’s play area. The business fixed assets has an estimated value of approximately $75,000 which is based on the original equipment and licensing buildout & replacement cost in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped children’s day care and preschool, which includes, required licenses, website, social media venues, separate class room, exterior play area, displays, shelving, POS accounting system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.

 

Listing Details

Revenue: $301,000

Cash Flow: $114,089

FFE: $75,000 (Included in Price)

Lender Pre-Qualified?: Yes

Form of Ownership:

C Corp

Reason For Sale:

The purpose of this business transaction is due to the owner’s retirement.

Training & Support:

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

Operation

Year Established: 1995

Days & Hours of Operation: This center is active five days per week with hours from 7:15 am to 3:30 pm and the center presently does not offer after school service.

Owner Hours Per Week: Full Time

Non-Owner Payroll: $9,800

Employees: This children’s center consist of seven full and 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 $9,800.

Location

Square Footage: 1,690

Facilities Information:

This business opportunity which represents a children’s preschool center 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 childcare preschool 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.

Ron Cervelli

contactus@regalconsultants.com

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