DAY CARE BERGEN COUNTY NJ. dycr709

Price: $99,899

Location: Bergen County, New Jersey

Industry: Day Care

Listing ID: dycr709

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. The business fixed assets consisting of a fully operational day care center has an estimated value of approximately $55,000 which is based on the replacement expense, representing equipment, licensing, tangible & nontangible values. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped children’s day care center, which includes, the required municipal & state licenses, web site, social media venues, 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: $240,445

Cash Flow: $69,999

FFE: $55,000 (Included in Price)

Inventory: $500 (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.

Operation

Year Established: 2010

Days & Hours of Operation: Days Hours of operation; this business is active five days per week, closed Saturday & Sunday, with hours from 730 am to 5:30 pm.

Owner Hours Per Week: Full Time

Employees: Regarding employees and payroll; this retail company consist of five employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and the staff is fully expected to remain post-closing, monthly payroll expense is approximately $5,600.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 2,500

Type of Location: Commercial Avenue

Square Footage: 1600

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

Owner Qualifications:

For Qualifications purposes; this business opportunity require specific New Jersey government licensing approval to operate in additional to the standard required municipal licenses.

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.

 

Financing/Terms:

SBA bank financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

 

Ron Cervelli

contactus@regalconsultants.com

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