Bergen County Daycare/Pre-school

Bergen County, NJ

Seller Financing Available
Bergen County Daycare/Pre-school

Asking Price:$399,000

Cash Flow:$151,001

Gross Revenue:$252,000

EBITDA:N/A

FF&E:$55,000

Inventory:N/A

Established:11

Bergen County Daycare/Pre-school

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Business Description

Taking advantage of the enlarged certification is essential here. (Now 55) Family operated Child Daycare facility located on well-traveled Main Street. Two present family members willing to stay on with transfer of ownership. At present, licensed for 47 plus new certification for 8 making total of 55 children. Enrollment at present time 30 children, evenly divided with 15 children under 3, other 15 over 3-5 years of age. Present fees are 195/200 for children under 3 and 175/185 for children above this age. There was no price change in enrollment for 2.5 years. Very clean and well-maintained. Additional option on lease from Landlord easy to obtain. Inexpensive to operate. Owner would be receptive to a good offer.

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Extremely clean, modern daycare/pre-school facility. Essentially one large room with connecting 600 sq. ft. adjoining room kitchenette; Present facility as set up can be licensed for 55, plenty of room for growth
Competition:
Not much competition in this area of town; on main thorough fare and no daycare nearby
Growth & Expansion:
At present, licensed for 47 can go to 55 with next state inspection; has room for expansion.
Financing:
Owner wants an all cash offer
Support & Training:
2 weeks
Reason for Selling:
Owner 17 years in Daycare wants to move on

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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