Quality Montessori Daycare & Property
Not Disclosed, NJ Morris County
Bank Financing
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- RE: Quality Montessori Daycare & Property
- Contact: Paul Holveck
Quick Facts
| Asking Price: | $900,000 | |
| Annual Revenue: | $406,586 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,182 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $475,000 | |
| Year Established: | 2002 | |
| Employees: | 5 | |
| BBN Listing #: | 945308 | |
| Broker Reference #: | 23146PH |
Business Overview:
This is a great opportunity for a childcare professional to own a high quality well-established (22 yrs), authentic Montessori learning center and the property. Located in an affluent community in Morris County, the business is housed in a stand-alone building on a main road with easy access. The 1,680 sqft facility is very well maintained with 2 large classrooms with large window providing natural light, in-room bathrooms, adult bathroom, office, kitchen, outdoor playground and a cleared space in a forest setting for nature exploration and adventure. Recent upgrades include new roof, new HVAC, new toilets, new fire alarm, new boiler and new gravel path in the nature area.
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Property Features and Assets:
The property is .880 acre and provides the forest setting for unique outdoor activities. Expansion of the building to add classrooms is also possible with the space available. Property has been appraised at $475,000.
Market Competition and Expansion:
Services include Toddlers-School Age, ages 18 months thru age 6. The owner functions as the Director and manages an experienced staff of 5, who work full time. Four of the teachers are Montessori Certified, several have Bachelor Degrees. Licensed for 34, there are currently 39 enrolled with some part time children. Emphasizing part time enrollment is an opportunity going forward.
- Owner has decided to move on to a very lucrative opportunity in a field she previously worked in that is too good to pass up. The business and property are offered at $900, $425,000 for the business and $475,000 for the property. The financials have been adjusted for a full time Owner Director. The Cash flow available for debt service is $215,182.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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