Childcare Center with 189 Kids

Ocean County, NJ

Seller Financing Available
Childcare Center with 189 Kids

Asking Price:$1,799,000

Cash Flow:$196,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$1,400,000

Established:1986

Childcare Center with 189 Kids

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Business Description

This is a wonderful and profitable childcare center in Ocean County in close proximity to beaches and other recreational facilities. Purchased by the current owners in 1986, it is pre approved for SBA financing for a qualified buyer and is considered the premium independent childcare center in Ocean County. The buyer will need $400,000 cash down. Presently the school has a legal capacity of 139, with 183 children enrolled. The real estate consists of 2 stand alone buildings on approximately one acre. Upon receipt of a non disclosure agreement, a detailed memorandum of sale will be provided. Please include a working telephone number with your response.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
8,700
Employees:
25 F/T and P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two stand alone buildings totaling 8,700 square feet on one acre on main road. It is easy to access from the GSP . The premises are beautifully landscaped, well lit, well maintained and in a safe area. The air quality meets State standards.
Competition:
Competitive
Financing:
100,000
Support & Training:
Yes for reasonable period of time
Reason for Selling:
Retirement

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Brad Palmer

Business Listed By:
Brad Palmer

Crown Business Brokers LLC

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