FRANCHISE DAY CARE NETS $797,983 YR. dycr708

Price: $2,400,000

Location: Middlesex County, New Jersey

Industry: Day Care

Listing ID: dycr708

Highly successful children’s franchise day care business with a one hundred and sixty-six (166) children capacity. The center has a gross yearly income of $2,526,491.25 and a consistent net yearly income of $797,983.53. This is a six-year-old day care business, and the sale is due to the owner’s retirement after many successful years in this service industry. Investing in a Kiddie Academy franchise is more than a business venture. It is a life-changing decision serving the growing educational needs of young families nationwide. We empower our Franchisees to succeed and expand. For nearly 40 years, our brand and vision have exemplified what it means to be an educational childcare leader. Kiddie Academy gives you the freedom to control your career and your future and enables you to balance your time the way you desire. This is a dependable safe business opportunity and based on the asking price, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Potential opportunity for EB-5 US Visa Investor

Listing Details

Revenue: $2,526,490

Cash Flow: $797,983

FFE: $383,100 (Included in Price)

Inventory: $1,500 (Included in Price)

Real Estate:$4

Lender Pre-Qualified?: Yes

Franchise?: Yes

Franchise Information:

National Franchise

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years of success in this children’s service industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

Operation

Year Established: 2015

Days & Hours of Operation: Days Hours of operation; this business is active five days per week, closed Saturday & Sunday with hours from 6:00 am to 6:30 pm.

Owner Hours Per Week: Full Time

Non-Owner Payroll: $745,000

Employees: Regarding employees and payroll; this day care center consist of twenty-nine employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and weekly base salaries, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $65,000.

Location

Security on Lease: na

Lease Option: Option Available.

Type of Location: Active commercial Mall

Square Footage: 9.996

Relocatable?: Yes

Facilities Information:

This business opportunity is in central New Jersey, in an active commercial campus near to various county roads for customer convenience. This business facility consists of 9,964 square feet with a modern, attractive, and professional appearance. The business is in a free-standing retail facility consisting of various private entrances, numerous classrooms, private offices, multiple children’s lavatories, and a modern children exterior play area.

Summary

Owner Qualifications:

For Qualifications purposes; this business opportunity requires New Jersey State government licensing and franchise approval to operate including 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 and franchise will agree to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, this day care company can be further developed by improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business gross sales.

Financing/Terms:

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

Ron Cervelli

contactus@regalconsultants.com

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