Childcare Center - Est. 35 Years

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$645,000 $830,000

Services: Children - Child Care, Education


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RE: Childcare Center - Est. 35 Years Broker: Philip Pearl, CPA
Owner Financing is Available!
Some seller financing available to qualified buyers.

Quick Facts

Asking Price: $645,000
Annual Revenue: $830,000
Net Profit: $217,004
Cash Flow: $217,004
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 24
BBN Listing #: 521333783
Broker Reference #: Not Disclosed

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Business Overview:

This highly distinguished childcare center was established 35 years ago by the current owner. It is located in a highly desirable area. This is truly a one-of-a-kind opportunity. The center runs 2 successful after-school programs. The maximum authorized number of students is 120. They currently have 87 enrolled students. Open 12 months. 24 full time employees. The facility has 7 classrooms with 2 playgrounds and a gym. The owner recently installed an upgraded security system. The center is 5,500 SF. Favorable lease with low rent. There is no real competition in the area. Please contact TBC Business Brokers or email us for more information.

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Property Features and Assets:

See above.

Market Competition and Expansion:

No real nearby competition. Current owner is not proactive in developing new business. The new owner should develop a solid marketing plan to add to the enrollment. There is room for 33 more students. And the area calls for childcare services.

Reason for Selling:

Retirement

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.

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