Business For Sale

Day Care Lease Opportunity

Not Disclosed, NJ
Monmouth County


Asking Price: Annual Revenue:
Not Disclosed $275,000

Services: Children - Child Care, Education


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RE: Day Care Lease Opportunity Broker: Ron Cervelli

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: Not Disclosed
BBN Listing #: 36203909
Broker Reference #: DYCR554

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Business Overview:

Attractive Children’s day care center available for lease, with an option for the real estate. This long-standing successful day care business is in a wonderful and convenient area of Monmouth County, NJ. The center is located on a spacious two-acre lot and consists of two structures; a free-standing building as the primary center, and an open pavilion which is used as a play area for outdoor play & learning. The center is currently licensed for 60 children but can be expanded due to the property size and zoning area. This transaction can include the business and real estate which is priced at fair market value. The location is very convenient and designed for children’s learning experiences and play activities. The owner has elected to retire from the day care industry to maintain her family and children. The center is fully equipped including a children’s in ground summer swimming pool and a full outdoor play area. The business previously generated a yearly gross income of $275,000 and a consistent income to the owner operator. This educational industry requires government licensing approval to operate. This day care center is presently closed and is fully licensed and prepared to re-open, also, previously the business had six full and part time employees, the monthly payroll expense was approximately $7,800. This business transaction will include a new commercial lease which will expire 2028-01-01, plus additional options, with a monthly rent of $4,000, cost per square foot is estimated at $25.00 and rent security of approximately $4,000. The sale also offers an option to purchase the real estate. This center is approved for sixty (60) children, ranging from infants to six years old. Due to the size of the property, multiple acres, the center can be further developed by expanding with additional structures. The business is in a free stranding commercial facility, on an active county road, consists of approximately 2,000 square feet. The business fixed assets has an estimated value of approximately $75,000 which is based on equipment and licensing replacement cost. This transaction consists of a fully equipped day care center. This successful day care business operation was active five days per week, with hours from 7:30 am to 6:30 pm. The previous yearly gross income of this day care center was approximately $275,000 and a yearly net income of approximately $75,000 based on an onsite owner operator and prior to any debt service. This business opportunity is available with a long-term lease and an option to purchase the property. The real estate is available at appropriate fair market value. This is a wonderful opportunity to own a long established, reputable children’s day care center business. Based on the asking price, required down payment and net income this business can supply a wonderful return to the owner operator prior to debt service. Based on a 25-year payout at 5% interest, approximately 20% down payment purchaser can hopefully obtain a consistent net yearly income return on investment after debt service. The business is closed, and all viewings are by appointment only and photo does Not represent this business opportunity.

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Property Features and Assets:

The business is in as middle-class community with many working families that continue to require childcare services. The surrounding local Communities also have a high demand for full day and after school child care services. The main facility is approximately 2,000 square feet on two floors with an additional outdoor area and a large playground. The site has an outdoor cabana style building which is consistently used for outdoor play, lunch and various other activities. This successful day care which consist of approximately 2,000 square feet has an attractive professional appearance. The business opportunity is in Northern New Jersey, Middlesex County, which consists of various affluent and highly populated communities with continued demand for this industry.

Market Competition and Expansion:

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 requires a marketing plan, web site and a social media presentation in order to develop the business yearly / gross sales.

Reason for Selling:

The sale is due to the owner’s retirement and family responsibilities.

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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