Franchise Day Care Center

Location: New Jersey

Industry: Day Care

Children’s day care Pre School franchise center located in Northern Central New Jersey, Union County. This franchise is recognized as the premier children’s day care center offering the highest quality service to the children it services. This center has a gross income of $1,617,041 and will evidence a net yearly income of $245,000 based on onsite ownership. The center consists of a 10,600 square foot facility, with a state of the art design to maximize it highest and best use. This business is licensed for 155 children and continues to improve its bottom line. This Day Care center is presently owned by a private group who is absentee, employees a manager of operations and, educational director in addition to a full staff. The day care/preschool offers a twelve-month program including a full summer session. The center also offers premier child care to children ages six weeks to five years including after school care for children up to eight years of age. The day care center is a complete child development center with a dynamic, fun environment and is an excellent investment opportunity. Based on the selling price and net income the sale should evidence a consistent return to purchaser prior to debt service. The Center is located minutes from all major state highways including the Garden State Parkway. This particular area consists of a large population and numerous communities with a diverse population with continued demand for children services. The day care is on an active county express road close to various highways designed for parent convenience. The facility which is 10,600 square feet and in a modern attractive commercial building. This day care has an attractive image; private entrance and beautiful state of the art children’s play area. The center has various rooms specifically designed for separate and independent learning activity. The owners consist of a family absentee group who are involved in an alternative business. The business FF&E has an existing value of $450,000, consists of multiple classrooms, state of the art outdoor play area, various equipment and franchise curriculum required for quality children’s day care services, the original cost for build out for a new center is $450,000, plus working capital. The building has a legal capacity for 155 children, consisting of multiple sections. This urban day care center has substantial private parking at the facility as part of the commercial lease agreement. The center is operational five days per week with hours from 6:30 am to 6:30 pm. The center is approved for 155 children and is licensed with the state of New Jersey. The business has a long term corporate lease which expires 20/25/01/01 plus additional options with a monthly rent of $16,600, and rental security of $30,000. The center is fully staffed with twenty-six experienced employees including various manager’s monthly payroll is approximately $31,600. As a franchise the center has a non-compete agreement with the company and due to the dynamics of the center no other similar competitive day care centers are in this general area. The present seller will also supply a non-compete agreement to purchaser. This Day Care Pre School center can continue to develop with onsite management and an improved and ongoing marketing campaign. The seller will supply an appropriate post-closing transitional period and remain thirty days’ post-closing.

Regal Consulting Corp.
575 Route 28
Suite 204
Raritan, New Jersey 08869
Telephone: 973 837-0808
Fax: 973 837-0090