Very Profitable Franchised Daycare

New Jersey (Ocean)

  • Asking Price: $1,075,000
  • Gross Income: $1,337,429
  • Cash Flow: $295,431
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #205126
  • Established: 10
  • Employees: 16 F/T 10 P/T

Business Description

An opportunity to own an award winning Franchised Day Care Center located on a main thoroughfare in a growing community with easy access to train and bus lines to New York for corporate executives. The center has an excellent reputation and financial track record with consistent revenue and profit results Licensed for 196, ages 6weeks to 13yrs. Current enrollment is 160. The building is 10,000 sqft with 9 classrooms, themed playroom, kitchen, staff room, security system, interactive Smart Board, and large outdoor playground with two play areas. Services include a thriving Before & After School Care program (the town bus stops at the school for K-4th grade), Early Reading Program, Enrichment Programs, & Summer Camp.

This is a turnkey operation with an experienced staff and management system. Four years remain on the current lease with three 5 year options. This is a must see for buyers who want to own one of the best in the industry. Buyer is responsible for $25,000 transfer fee. Financials are based on 2017 P&L and 2015 & 2016 tax returns. The owner is selling for family reasons and is motivated to sell.

Business is offered at $1,075,000 with a down payment estimated at $275,000 with bank financing. For further information, call broker Paul Holveck at 908-851-9040 x277.

Business Details

Primary Business Category: Services - Educational
Location: New Jersey
County: Ocean

Company Information

Year Established: 10
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16 F/T 10 P/T

Financial Information

Asking Price: $1,075,000
Gross Revenue: $1,337,429
Cash Flow: $295,431
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Reason for selling:

Family Reasons

Support & Training:

Seller will provide support and training for 2 weeks as needed.

Contact Business Seller

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Business Listed By:

Paul Holveck

Executive Business Brokers