Business For Sale

Burlington County Day Care Center

Not Disclosed, NJ
Burlington County


Asking Price: Annual Revenue:
$99,900 $170,000

Services: Children - Child Care, Education


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RE: Burlington County Day Care Center Broker: Ron Cervelli
Owner Financing is Available!
May be available to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: $99,900
Annual Revenue: $170,000
Net Profit: Not Disclosed
Cash Flow: $36,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 19793909
Broker Reference #: DYCR557

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Business Overview:

Wonderful business opportunity to purchase this wonderful children’s day care center in a highly active community of Burlington County, New Jersey. The center is approved for forty-five children and offers a twelve-month service to the parents it serves. The center is licensed with the New Jersey Department of Community Affairs and is registered with the department of Children & Families. The facility does not offer infant care; however, it does offer afterschool services. For Qualifications purposes, this business opportunity industry requires state government licensing approval to operate in addition to the standard municipal licenses. Regarding employees and payroll, this day care company has four full / part time employees who are unaware of the pending sale. As per this industry, the payroll is primarily based on an hourly basis, also the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $6,550. The business transaction has an assignable commercial lease which expires 2028-01-01, plus additional options available, with a monthly rent of $4,000, cost per square foot is estimated at $24.00, and rent security of approximately $6,000. The business fixed assets has an estimated value of approximately $45,000 which is specifically based on the original equipment and licensing replacement cost. This successful active day care business operation is active five days per week, with hours from 6:30 am to 6:00 pm. The 2018 projected yearly gross income represented by the seller-owner is $170,000 and the business expects a yearly net income of approximately $36,000 based on an onsite owner operator and prior to any debt service. Also, due to a percentage of possible non-disclosed income, a formal due diligence is recommended to the purchaser. The center presently has approximately thirty-five children for its summer program. The business has been valued / priced at $99,900 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing may be available conditionally, to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. 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.

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Property Features and Assets:

This successful retail facility which consist of approximately 2,000, square feet have an attractive professional appearance. The business is in a mid-size commercial mall with numerous other active and successful businesses. This opportunity is in Southern New Jersey, Burlington County, which consists of various highly populated communities with continued demand for this particular service and industry.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business can be further expanded by the new operator, with a marketing plan and an improved web site, also there is no local advertising, and if improved can further develop the business yearly gross sales.

Reason for Selling:

Sale is due to the owner’s illness and family obligations.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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