Children's Pre-School Center

Not Disclosed, NJ
Ocean County


Asking Price: Annual Revenue:
$165,000 $301,181

Services: Children - Child Care, Education


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RE: Children's Pre-School Center Broker: Ron Cervelli
Owner Financing is Available!
May be available with an appropriate down payment.

Quick Facts

Asking Price: $165,000
Annual Revenue: $301,181
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 7
BBN Listing #: 82623909
Broker Reference #: DYCR603

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Business Overview:

Excellent business opportunity for this modern well-maintained combination Preschool & Day Care center approved and zoned for thirty-nine (39) children with an average enrollment of approximately sixty full & part time children. The school provides balanced learning by integrating recreational activities with academics. This is a dependable safe business opportunity which can be expanded by increasing the closing hours from 3:00 pm to 5:30 pm. This business offering will evidence a 2018 gross yearly income of $301,181, a net yearly income of $84,000. This successful New Jersey licensed pre-school & day care center is a profitable educational business that serves various communities of Ocean County. The center offers an enriching environment and offers child-centered curriculum that foster self-confidence and sense of freedom among children. The school provides balanced learning by integrating recreational activities with academics. This business transaction will offer a new commercial lease which will expires 2030, plus additional options, with a monthly rent of $2,500, cost per square foot is estimated at $15.55 and rent security of approximately $5,000. This children’s center consist of seven full and part time employees with substantial experience who are unaware of the pending sale. The payroll is primarily based on an hourly wage, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $9,800. This business opportunity has been valued / priced at $165,000 which is based on a multiple of the net yearly income, includes the value of the specific business assets. This is a dependable safe business opportunity which can be expanded by increasing the closing hours from 3:00 pm to 5:30 pm. This business opportunity has been valued / priced at $165,000 which is based on a multiple of the net yearly income, includes the value of the specific business assets.

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Property Features and Assets:

This business opportunity which represents a children’s preschool center is in Central New Jersey, Ocean County. The general area consists of various affluent and highly populated communities with continued demand for this industry. This thriving childcare preschool center consists of a modern free-standing structure, conveniently located for parent convenience. The business facility consists of approximately 1,680 square feet with an innovative and attractive appearance.

Market Competition and Expansion:

To the best of our knowledge, 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 developed by the new operator, by increasing its closing hours to 6:30 pm, and with an improved marketing plan with local advertising.

Reason for Selling:

The purpose of this business transaction is due to

Additional Details:

  • The property is owned.
  • 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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