High Volume Daycare with Bank Financing

Not Disclosed, NJ
Union County

Asking Price: Annual Revenue:
$1,240,000 $1,297,289

Services: Education & Training

Request More Information
Contact the Seller

RE: High Volume Daycare with Bank Financing Broker: 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

Email or Print Listing

Request More Information
Contact the Seller

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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Owner is retiring.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!