Children's Day Care Center

Morristown, NJ
Morris County


Asking Price: Annual Revenue:
$99,000 $150,000

Services: Children - Child Care, Education


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RE: Children's Day Care Center Broker: Ron Cervelli
Owner Financing is Available!
Seller financing is available to a qualified buyer.

Quick Facts

Asking Price: $99,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 15653909
Broker Reference #: DYCR609

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Business Overview:

Long standing successful children’s day care/preschool center located in Northern New Jersey, Morristown area, Morris County. The center is New Jersey state certified as a children’s day care centers, approved for 41 children. The center is state certified, and their staff is fully experienced, educated and degreed, caring, mature individuals many with CPR, First Aid, and Disease Prevention Certification. Also, to maintain the highest quality of service to their children, the staff is consistently supplied current Preschool/Childcare material and from time to time staff is required to attend professional development workshops. The center follows the Creative Curriculum philosophies which believes that young children learn the best in a happy relaxed atmosphere. The center has a wonderful reputation and supplies quality childcare and educational services to its students for many years. The centers offer an unparalleled level of convenience to their parents that can make the difference with getting to work on time. Their educational programs are well above average, in addition to their cultural and enhanced courses of study including Music, Dance, Computer Tots, and Language. This children day care business opportunity has 3 full & part time employees who are unaware of the pending sale and fully expected to remain post-closing. The day care center has an assignable commercial lease which expires 2025 with a monthly rent $2,600 cost per square foot is estimated at $18.00 and rent security is required. The day care center has been valued/price at $99,000, which based on a multiple of the net yearly income plus the value of the various assets and seller financing is available to a qualified buyer. This is a dependable business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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Property Features and Assets:

The children’s day care business opportunity is located in Northern New Jersey, Morris County, Morristown area, which consists of various highly populated and affluent communities with continued demand for this child service. The facility has a professional modern appearance which consist of a total of 2,000 square feet with a private entrance. The center is conveniently located on an active county road with various other active businesses.

Market Competition and Expansion:

To the best of our knowledge, no other new day care competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The business has no local advertising or marketing plan, and a poor non-optimized web site and if improved can further develop the business gross income.

Reason for Selling:

The seller has an alternative day care center out

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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