MODERN DAY CARE. DYCR707

Price: $325,000

Location: Morris County, New Jersey

Industry: Day Care

Listing ID: DYCR707

Modern attractive professional children’s day care operation located in Northern New Jersey minutes from Route 80 and in the county of Morris. The center is licensed and approved by the state of New Jersey with a capacity for 101 children which includes infants. This is a two-year plus young children’s day care center which is available with owner financing. This is a dependable safe business opportunity and based on the asking price, requested down payment and projected yearly net income, this business expects to supply a consistent return on investment to the owner operator. This sale is fully confidential. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.

 

Listing Details

Revenue: $450,000

Cash Flow: $85,000

FFE: $124,999 (Included in Price)

Inventory: $1,000 (Included in Price)

Reason For Sale:

The purpose of this business sale is due to the owner’s alternative day care business, out of the county-area which now requires her full time attention.

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 of Last Acquisition: 2018

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

Employees: Regarding employees and payroll; this day care operation consist of ten full and part time employees who are unaware of the future 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 $14,000.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 9724

Square Footage: 6152

Relocatable?: Yes

Facilities Information:

This business opportunity is in northern central New Jersey, Morris County minutes from Route 80 and on a highly active county road. The business is in a commercial setting conveniently located for parents and staff. This business facility consists of approximately 6,152 square feet with an attractive and professional appearance. The center has a private entrance, various classrooms, and a safe outdoor play area.

Summary

Owner Qualifications:

For Qualifications purposes; this day care business opportunity requires New Jersey State government licensing approval to operate in addition to the standard required municipal licenses.

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this day care operation. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the retail company can be further developed with continued marketing including specifically local advertising. The present owner relies on Facebook and google advertising. Additionally, the day care was seriously affected by the pandemic and is now enrolling additional children monthly.

Ron Cervelli

contactus@regalconsultants.com

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