Asset Sale Daycare $75k or best offer; Must Be Sold

Morris County, NJ

Asset Sale Daycare $75k or best offer; Must Be Sold

Asking Price:$85,000

Established:13

Asset Sale Daycare $75k or best offer; Must Be Sold

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Asset Sale Description

$75k or best offer takes it. This is an opportunity to buy a fully equipped daycare business at a giveaway price whose enrollment has suffered as a result of some unexpected temporary closures of the business. The owners have decided to vacate the existing space and relocate their business and the landlord has indicated he will consider a very advantageous rent to support a qualified new owner.
The center is completely renovated with all interior walls repaired and painted, all new floors and ceiling tiles, all new fixtures and toys and reduced space saving $26,000 in future rent. Established 13 years ago, this center, with 8,440 sqft, licensed for 128, and a staff in place, is ready for an experienced, energetic buyer to reinvigorate the business. Previous years revenues were consistently over $700k with enrollment 90-100+. 2016 revenue is estimated at $195k.
The owners must sell. $75,000 or best offer takes it. For more details call Paul Holveck at Executive Business Brokers, 732-23-2246.

Detailed Information

Support & Training:
owner will provide 2 weeks assistance

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Paul Holveck

Asset Sale Listed By:
Paul Holveck

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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