Asset Sale Preschool Looking for Quick Sale

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$40,000 Not Disclosed

Services: Children - Child Care, Education

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RE: Asset Sale Preschool Looking for Quick Sale Broker: Paul Holveck

Quick Facts

Asking Price: $40,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 62322979
Broker Reference #: 7622ph

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Business Overview:

Opportunity for a full-time owner-operator to purchase a turnkey Preschool with tremendous potential in Morris County. It is located in a suburban town with upscale communities nearby. The 3,000 sqft center was completely renovated 3 years ago and is fully equipped with new floors, furniture, and appliances. There are 4 classrooms, Director's office, full kitchen, cameras in every room and outside playground.

The center is licensed for 67, ages 6 weeks to age 13, which can be expanded to 80. At the time of state closings, 25 children were enrolled. The business has a long lease with 2 years remaining on the first 5 years with four 5 year options to follow. The town does not have a public option for ages 3 and 4 which protects the growth of this age group.

The owners, due to health reasons and the growth of their businesses, have decided to sell. The business needs a full-time on-site owner who integrates with the community to maximize the center's potential. Government funds have been approved and would transfer to the new owner. The owners have reduced the price and are looking for a quick sale and willing to negotiate. Make an offer.

The business is now offered at $40,000. For more details call Paul Holveck at Executive Business Brokers, 732-266-8136

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Reason for Selling:

Health reasons and growth of other businesses.

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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