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Asking Price:	$750,000 USD USA Dollars
Business for Sale Industry:	Services: Children
Reason for Selling:	Medical
Year Established:	1983
# of Employees:	8

Business for Sale Overview:

Child Care Business with Property For Sale. This is an educationally oriented childcare center, located in Northern New Jersey. Currently licensed for approximately 67 children serving children between the ages 6 weeks through 6 years old. This location has had a child care center business located here since approximately 1983 and it’s licensing is grand-fathered in under the old State licensing requirements which calculated the space based upon 30 square feet per child instead of the current 35 square feet per child. This center’s licensing allows for approximately 8 more children than would be allowed in a newer center utilizing the same size space due to this grand-fathered licensing. This is an important issue when you consider the profitability from the extra licensing of 8 children. Great opportunity to Purchase Property or Lease.

Property Features and Assets:

The center is housed in a commercial building which consists of block construction with steel beams, which makes this building capable of handling a second floor upon the obtaining of approvals with the town. The building was built in approximately1983. The lot is double wide and measures 146 wide X 148 deep. It is a very attractive space consisting of 3,100 square feet with a secure front entrance foyer, five separate rooms which are used for a lunchroom/ all purpose room/preschool classroom, infant room, toddler & 2 y/o classroom, art room, extra classroom, office, kitchen, storage closet and 2 bathrooms:(Girls 2 toilets, 1 sink) (Boys 1 toilet, 1 urinal, 1 sink). Sinks in every room. Exit doors in every room. There are also 3 separately fenced in playground areas which serve different age groups. Sale includes all of the equipment, toys, supplies, marketing and educational materials, the current client lists, the enrolled children in attendance and the licensing as a childcare center, as well as the computer Pro Care Management Software Program. The Sellers will spend time teaching the new owner the full operations of the center.

Market Competition and Expansion:

The center is located in Northern NJ, in Passaic County, one of the busiest counties in Northern New Jersey. The major highway arteries of Routes 46, 80, and 23 are all minutes away, as well as many corporate and local businesses and a major Mall. The town where this center is located provides many benefits to a child care business owner in that the community is very established with many retail, commercial and industrial businesses. This community also has a large residential population,which will also contribute to continued enrollment. This property and business are being offer for sale, but a separate purchase of just the business is also possible and the owners will provide a long term lease. Full Financial information on this business is available upon the completion of a confidentiality agreement. Refer to listing #Investor 071206GPG.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.