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 3,900 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, a full kitchen, cameras in every room, and an 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 the age group.
The owners, due to health reasons and the growth of their other 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 are looking for a quick sale and will consider all reasonable offers.
The business is offered at $70,000. For more details call Paul Holveck at Executive Business Brokers, 732-266-8136.
Health reasons and growth of other businesses
Owners will provide 2 weeks of consultation