MergerPlace

Children's Day Care Center

New Jersey (Morris)


  • Asking Price: $2,099,000
  • Gross Income: $391,340
  • Cash Flow: $150,084
  • Real Estate: $1,600,000
  • Inventory: $5,000
  • FF&E: $15,000
  • Listing ID: #223587
  • Established: 2012
  • Employees: 3 FT / 6 PT

Business Description

Children's Day Care Center Licensed for 120 Students with Good Cash Flow

Valuable Real Estate Included in the Asking Price

Established and well-known center serves as an academic pre-school / day care facility and has been in business for 8 years. This is an intimate family owned and operated business, supporting working families in the community with experienced and caring staff.

With a new addition completed in 2020, the business is now licensed for up to 120. Primarily serving children ages 2 1/2 up to 13 years, the center is licensed for limited numbers under the age of 2 1/2. The newly expanded 6600 sq ft facility is on 2+ acres with a large outdoor play area and plenty of parking. Set back on a major highway it is private and secure yet conveniently located for working parents to access.


Business Details

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

Company Information

Year Established: 2012
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT / 6 PT

Financial Information

Asking Price: $2,099,000
Gross Revenue: $391,340
Cash Flow: $150,084
FF&E: $15,000
Inventory: $5,000
Real Estate: $1,600,000
Seller Financing Available: No

Property Information

Facilities:

Easy access for commuters and set back from a major highway, the 6600 sq ft secure facility on 2+ acres with a new addition in 2020 includes 6 classrooms, an art room and a small nursery. Meticulously maintained inside and out, with a newly installed septic system. A large fenced play area is accessible from 5 of the 6 classrooms. Paved parking. Completely turn-key.

Growth & expansion opportunities:

The school recently added several classroom and is now licensed for capacity up to 120. Families wanting to place children in a safe environment for remote learning.

Competition:

There are several branded and local competitors in the area. Due to the local demographic of two-income families, the center continues to increase enrollment despite other pre-schools and day care centers located in the vicinity.

Reason for selling:

Moving out of state.

Support & Training:

Will train for 4 weeks @ no cost The center is licensed by the State of New Jersey as an academic pre-school.

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Business Listed By:

Cheryl Venezia

Murphy Business Brokers