DAY CARE CENTER NET $181,947. DYCR694

Price: $695,000

Location: Bergen, New Jersey

Industry: Day Care

Listing ID: DYCR694

Wonderful business opportunity for this highly profitable children’s day care / pre school in the County of Bergen, Northern New Jersey. This center is licensed for 160 children, consisting of 10,000 square feet with a present student enrollment of one hundred children. Their mission is to provide a secure, loving learning environment that is intellectually stimulating, developmentally appropriate and culturally diverse. Each child is valued as an individual and they are guided and given values necessary for success at home and at school. They believe that children are unique and need a safe and secure environment. The children are given love, outstanding care, and a variety of opportunities to grow and learn! This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. For Qualifications purposes, this business opportunity and industry requires New Jersey state government licensing approval to operate in addition to other than the standard required municipal licenses.

Listing Details

Revenue: $1,246,000

Cash Flow: $181,947

FFE: $390,000 (Included in Price)

Inventory: $2,000 (Included in Price)

Lender Pre-Qualified?: Yes

Terms and Conditions?:

Seller financing is available to a qualified buyer with appropriate down payment, collateral, and credit rating, also SBA financing is available.

Reason For Sale:

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

Training & Support:

Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.

Summary

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 marketing and required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

To be negotiated.

Ron Cervelli

contactus@regalconsultants.com

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