BAYONNE, New Jersey
| Asking Price |
$175,000 |
Year Established |
10 |
|
| Annual Revenue |
$299,257 |
Reason for Selling |
For personal reasons, owner is returning to a care. |
|
| Annual P/L |
|
Attention |
Paul Holveck |
|
| Annual Cash Flow |
$60,009 |
Listing Number |
467028 |
|
| # of Employees |
6 |
Business Category |
Services: Children - Child Care, Education |
|
Business Overview:
Opportunity to own a well-established Non Franchised Day Care Center located on a main thoroughfare with great visibility. The center is licensed for 60 children ages 6 weeks to 6. This well maintained facility is 4,700 sq ft with 5 classrooms, an indoor play area, a small sleep room, kitchen, and a teacher’s prep room. There is a large parking lot and an outdoor playground with protective fencing.
The owner acts as the Director, and manages an experienced staff of three Teachers, one Assistant Teacher and one Head Teacher. The current enrollment is 37, all full time, with 9 state supported with co-pays. The current lease, which has very modest increases, is expiring at the end of 2018 but the landlord is willing to extend or renegotiate. Personal reasons make it impossible for the owner to devote full time to the business and currently is only able to be onsite late afternoons. The opportunity exists for an experienced operator to expand the business with Pre & After Care and Summer Camp. Owner is very motivated to sell and will consider all reasonable offers from a qualified buyer.
Business is offered at $175,000 with a down payment of $125,000 and the seller will finance the $50,000 balance with terms negotiable.
For more details contact Paul Holveck at Executive Business Brokers, or email us.
Property Features and Assets:
Well-maintained facility with large parking lot.
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity