Child Day Care & Pre School

Location: United States -> New Jersey -> Bergen County
Industry: Educational > Day Care Centers

A most successful Child Day Care & Pre School center for sale, located on a main county road and prime community in northern Bergen County, New Jersey. The business has been established as a Child Care center for 30 years and has enjoyed a solid reputation within the nearby communities for providing quality childcare in a home style atmosphere. The facility is excellently maintained with full amenities and there have been many improvements recently made to the center. The business is abundantly staffed with experienced, knowledgeable employees who follow a school based curriculum. This program is approved for 60 children and currently has 55 enrolled. The business generates annual gross income of $380,000 with a substantial net income for the owner. The sale will include a full training and review period to a qualified purchaser. This is a wonderful opportunity to own an established Child Day Care with an excellent reputation in a great area of Bergen County! The facility consists of approximately 3,000 square feet with an indoor capacity for 60 children. Current enrollment is at 55. An existing lease expiring on 2011 and with an additional 5 year option is available for transfer.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $380,000
Cash Flow: $80,000
Cash Flow Type: EBITDA
Inventory: $75,000 equipment only.
Seller Financing: Yes

About The Business

Year Established: 1978
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide a full due diligence and transitional period.
Reason For Selling: Death in the family.