Established Day Care Center with Potential

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$130,000 $139,200

Services: Children - Child Care, Education

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RE: Established Day Care Center with Potential Broker: Solomon Sasson

Quick Facts

Asking Price: $130,000
Annual Revenue: $139,200
Net Profit: Not Disclosed
Cash Flow: $48,700
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 7
BBN Listing #: 44632979
Broker Reference #: 7664ss

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Business Overview:

We operate year-round. We have recently extended the age of children for the license to age 13, so we can accept school-aged children in the summer and during the regular school term for after-school programs. There is a separate back entrance to keep these programs and age groups separate. We are currently at about half capacity for the daytime hours, so there is potential to add far more income via enrollment. Our current licensed capacity is 30, but this can be increased to 35 via a request to the state. Parents provide their own meals and snacks, but an after-school program would be eligible for a free snack program. We also accept Office for Children and 4C's, which are state subsidy programs that offer tuition assistance or in some cases full payment based on income. We are registered to accept residents of Passaic and Bergen Counties. We are currently licensed to serve ages 2.5-13 years with an additional 5 infants under 2.5 years old. We have a waitlist for children under 2.5 that we would include in the sale price. The school name was changed in 2018, but there has been a daycare operating at this location since the late 80s.

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Property Features and Assets:

1,600 square feet plus backyard with equipment in good condition. Has 3 years more on lease and landlord will give new lease.

Market Competition and Expansion:

Competition: None around Expansion: Add after-school and summer programs. Expand license to add 5 more spots. Operating at half capacity advertise to expand enrollment.

Reason for Selling:

Has other career.

Additional Details:

  • The property is owned.
  • The owner is not 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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