Amazing preschool / child care center for sale with real estate

Monmouth County, NJ

Amazing preschool /  child care center for sale with real estate

Asking Price:$1,345,000

Cash Flow:$217,283

Gross Revenue:$599,255

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$850,000

Established:1998

Amazing preschool / child care center for sale with real estate

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Business Description

Preschool and real estate for sale in a wonderful community

Purchase an extremely well run preschool and the real estate. This is the definition of a "turnkey" opportunity.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6 FT & 7 PT
Facilities:
The preschool has been owned and operated by the seller, who has a Masters in Education, for over 15 years. The preschool has a focus on education, which has led to a wonderful reputation in the community. The seller has spent years perfecting the business and they spend very little money on advertising. There is low staff turnover because they are close knit, like a family. All of the classrooms are bright and cheery with plenty of natural light. There is a large multipurpose room in the walk-out basement that was completed last year. The center also boasts a huge storage room in the basement which is impeccably organized. The property offers a really nice environment for the children, with an adjacent fenced in playground and private parking lot.
Competition:
The owner of this preschool will benefit from owning the real estate. Most other schools in the market are leased, and as those leases increase year over year, thus so will their tuition. This property is also situated in an ideal setting.
Growth & Expansion:
The preschool is currently licensed for over 70 children and a new owner can likely increase the license capacity to 89 children, based on the 3,500 sq ft building.
Support & Training:
The seller is willing to train for a period of time, post closing.
Reason for Selling:
It is the right time

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David Schwartz

Business Listed By:
David Schwartz

APREA - A Premier Real Estate Agency, In

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