Price: $230,000
Location: Middlesex County, New Jersey
Industry: Day Care
Listing ID: DYCR713
Attractive modern-day care & preschool business in Middlesex County with a capacity for forty-nine (49) children which includes infants and toddlers. The facility is conveniently located in a commercial campus, just off major highways for parent convenience. This is a wonderful safe business opportunity and this children’s day care company expects to supply a consistent return on investment to the owner operator. The 2022 income $323,849 and a consistent net yearly income of $90,000 to the owner operator. The 2023 income is project to be greater than the previous year. 2022 gross income is $323,849.15 and a consistent net yearly income of $90,000 to the owner operator. The income can be confirmed with the business bank deposits and a formal due diligence will be supplied for this business purchase. The 2023 gross income is projected to be further improved. The business has been valued at $230,000 which is based a multiple of the projected yearly income which includes the business assets. Also, seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
Listing Details
Revenue: $323,000
Cash Flow: $90,000
FFE: $90,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Reason For Sale:
Alternative business.
Training & Support:
The purpose of this business transaction is due to the owner involvement in an alternative business opportunity not in this children service industry.
Operation
Days & Hours of Operation: Days Hours of operation, this children’s day care operation is active five days per week, closed weekends with hours from 7:00 am to 6:00 pm.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll, this day care operation has various full and part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is rather modest.
Location
Security on Lease: Two Months
Lease Option: Yes additional options.
Monthly Rent: 6,200
Type of Location: Active commercial Mall
Square Footage: 2300
Relocatable?: Yes
Facilities Information:
This successful retail facility which consist of approximately 2,000 square feet and has a modern professional appearance. The business is in a mid-size commercial mall with various other active retail and professional businesses. This opportunity is in Northern New Jersey, Middlesex County, which consists of various affluent and highly populated communities with continued demand for this industry.
Summary
Owner Qualifications:
For Qualifications purposes, this business opportunity industry requires New Jersey state government licensing approval to purchase or operate in addition to other than 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 improving the marketing plan and a more aggressive advertising system. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing/Terms:
Owner financing