Preschool with Growth Potential Priced to Sell

Not Disclosed, NJ
Burlington County


Asking Price: Annual Revenue:
$195,000 $258,090

Services: Children - Child Care, Education


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RE: Preschool with Growth Potential Priced to Sell Broker: Paul Holveck

Quick Facts

Asking Price: $195,000
Annual Revenue: $258,090
Net Profit: Not Disclosed
Cash Flow: $116,293
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 22042979
Broker Reference #: 7667ph

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Business Overview:

This is a great opportunity to own a well-established (13 years) Non-Franchised Preschool with quality care located in Burlington County. The center is a well maintained 3,000 square feet fireproofed facility with 2 classrooms which can be divided, reception area, kitchen, in-room bathrooms, storage area, and recently installed 300 square feet outdoor playground. There are cameras in every room.

The school stayed open throughout 2020 and received significant support from the state generating profit for the year. Typically, 60% of the enrollment is state-subsidized. Currently, there is only one room open as the owner is attending classes to prepare for an opportunity in another industry after retiring from daycare. Huge growth is expected with the opening of the second room. There is also a new warehouse opening nearby.

The center is licensed for 30, ages 6 weeks to age 13, which can be expanded to 45 with the addition of one toilet. The owner/director typically manages a staff of 3 (currently 2) and does not run a summer camp, which is another opportunity for growth. The current lease is fixed. Cash flow assumes the new owner as of the Director. The owner, who is motivated to sell will entertain all reasonable offers and insure 2 weeks of onsite training for a smooth transition.

The business is offered at $195,000. For more details contact Paul Holveck at Executive Business Brokers.

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Reason for Selling:

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:

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