BERGEN COUNTY NJ DAY CARE. DYCR693

Price: $525,000

Location: Bergen County, New Jersey

Industry: Day Care

Listing ID: DYCR693

Great business opportunity to own and operate this modern attractive children’s day care center in Northern, New Jersey and in the county of Bergen. The center has a capacity for sixty children which includes eight infants, consisting of 2,800 square feet and conveniently located on an active commercial road and near to various highways. The center has a 2021 gross income of $547,500 and the yearly net income of $210,000.  The municipality supplies approximately thirty preschool children yearly with a yearly contract and reimburses the center for each child. The general area consists of various highly populated working-class communities with continued need for this personal service. The center is in a wonderful area of Bergen County, convenient for parents and employees. The owner is retiring and is relocating out of the state of New Jersey. The owner is semi absentee and will consider owner financing to a qualified buyer. This is a wonderful business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator. New Jersey State license is part of the sale transaction.

Great business opportunity to own and operate this modern attractive children’s day care center in Northern, New Jersey and in the county of Bergen. The center has a capacity for sixty children which includes eight infants, consisting of 2,800 square feet and conveniently located on an active commercial road and near to various highways. The center has a 2021 gross income of $547,500 and the yearly net income of $210,000.

The municipality supplies approximately thirty preschool children yearly with a yearly contract and reimburses the center for each child. The general area consists of various highly populated working-class communities with continued need for this personal service. The center is in a wonderful area of Bergen County, convenient for parents and employees. The owner is retiring and is relocating out of the state of New Jersey. The owner is semi absentee and will consider owner financing to a qualified buyer. This is a wonderful business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator. New Jersey State license is part of the sale transaction.

Listing Details

Revenue: $547,500

Cash Flow: $210,000

(Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement and relocating out of the state of New Jersey.

Training & Support:

Training and owner support, the seller will remain post-closing and is prepared to supply an appropriate transitional period to the purchaser.

Summary

Historical Summary:

This is an eight-year-old full-service state licensed children’s day care operation.

Owner Qualifications:

For Qualifications purposes, this business opportunity and industry requires New Jersey state government licensing approval to operate in addition to the standard required municipal licenses.

Competition:

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.

Potential Growth:

Regarding growth and expansion, the business opportunity can be further expanded by the new operator by improving the present marketing plan which has a moderate budget. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

Also, seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

Fill Out Our NDA

Contact Us About This Listing

  • Hidden
  • This field is for validation purposes and should be left unchanged.