Seller's Contact Information
- RE: High Volume Daycare With Bank Financing
- Contact: Paul Holveck
Quick Facts
| Asking Price: | $1,240,000 | |
| Annual Revenue: | $1,297,289 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $387,572 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 18 | |
| Employees: | 21 | |
| BBN Listing #: | 6512979 | |
| Broker Reference #: | 7613PH |
Business Overview:
This is a great opportunity for child care professionals to own a well-established (18 yrs) 5 Star private learning center in Union County with an excellent reputation for quality childcare. Located in an affluent community, it is on the main road with easy access near a train station for commuters traveling to NYC. There is a parking lot for staff and parents to drop off and pick up.
The building is 6,200 square feet with a very efficient layout which allows a higher number of licensed students than other centers of comparable size. The center includes 8 classrooms, in-room children bathrooms, staff kitchen, office, and outdoor playground. There are cameras in every room for security. Services include Infants/Toddler care, Pre-Kindergarten, Kindergarten, Before & After Care, & Summer Camp. The center is licensed for 110, ages 6 weeks to 6. 110 were enrolled before state closing, and 55 are currently enrolled and growing.
The business has experienced consistent profit growth over the last three years. The Infant Care business is highly developed for which they have created a Nursery area with a separate entrance. Their full-time Kindergarten program is in demand as the town program is only part-time. The owner works a part-time schedule of about 16 hours/week overseeing an experienced staff, which includes a Director and Asst Director. Many are long term and/or have college degrees or credits toward a degree. There are 2 years left on the lease. The SBA has pre-approved the business for a loan. The financials are offered at $1,450,000 with a 25% down payment and bank financing for the balance for a qualified buyer.
For more details call Paul Holveck at Executive Business Brokers.
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Reason for Selling:
Owner is retiring.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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