Price: $250,000
Location: Bergen County, New Jersey
Industry: Day Care
Listing ID: DDYCR697
Well-known licensed children’s day care and preschool center in a highly affluent area of Bergen County New Jersey. The business is located in a wonderful area in northern New Jersey minutes from the Garden State Parkway and the George Washington Bridge. The facility is in free standing facility and located on an active county road. The center is licensed for forty-one (41) children and consist of three attractive modern classrooms. This is an unusual, dependable business opportunity and based on the history of success this business expects to supply a consistent return on investment to the owner operator. For Qualifications purposes; this business opportunity require specific New Jersey government licensing approval to operate in additional to the standard required municipal licenses.
Listing Details
Revenue: $240,445
Cash Flow: $85,000
FFE: $55,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner relocation out of the area.
Training & Support:
Training and owner support, the owner will offer training post-closing and is prepared to supply an appropriate transitional period to purchaser.
Location
Lease Option: Lease and terms; the business transaction will offer an assignable commercial lease which expires 2023-01-01, plus additional options available, with a monthly rent of $2,500, cost per square foot is approximately $16.00 and rent security is required.
Monthly Rent: $2,500
Type of Location: Commercial Avenue
Square Footage: 1900
Relocatable?: Yes
Facilities Information:
This successful children’s business opportunity is in northern New Jersey, Bergen County on a highly active county road convenient to numerous highways. This day care facility consists of approximately 1,950 square feet with a clean and professional appearance. The day care school is in a free-standing facility associated with a small community church.
Summary
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:
Regarding growth and expansion, the enrollment can be further developed by improving the marketing system and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.