Children's Day Care Center

Middlesex County, NJ

Seller Financing Available
Children's Day Care

Asking Price:$175,000

Cash Flow:$61,000

Gross Revenue:$333,547

EBITDA:N/A

FF&E:$100,000

Inventory:$1,000

Rate/Sq. Ft.:$21.00

Established:2014

Children's Day Care Center

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Business Description

This wonderful business opportunity is located in Northern New Jersey, Middlesex County. The city consists of various affluent & highly populated communities with continued demand for this specialized service. This modern center which consist of 4,000 square feet is approved for fifty-two children from infants to age six years. The facility has a modern professional appearance and is located in a commercial campus with various other active and successful businesses. Modern and attractive fully licensed children’s day care / preschool center in a wonderful area of Middlesex County, New Jersey. The Center is a privately owned company that offers profession child care services in the general area. They provide a variety of learning measures for the children, including exciting activities and comprehensive curriculum that is best designed for each child’s needs. All of the children are well-nurtured, loved and pampered with their care and guidance. Entrusting your child with another individual for early learning and care is one of the most important decisions you will make. It is their goal to provide the loving gentle environment that you want for your child. They believe that each child is a special individual with unique needs and interests. Their curriculum has been designed to be creative and enriching so that each child will learn at his/her own pace and developmental level. Understanding and respect for the child will encourage full growth in all areas. They strive to make the child’s experience one that will provide the basic positive skills of social interaction and early learning. Lessons like sharing, self-esteem, cooperation, conflict resolution and respect for others are experienced on a daily basis. This industry requires New Jersey State government agency approval to operate. This particular business has six full time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $13,800. The business has an assignable commercial lease which expires 2019-01-01 plus additional options, with a monthly rent of $7,025 and rent security $10,000. The business is located in a free stranding facility which consists of 4,000 square feet has a state capacity for fifty-two children. The business assets have an estimated value of approximately$100,000 and the sale consists of a fully equipped children’s day care center, which includes out door place equipment, accounting system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. The business is active five days per week, with hours from 6:30 am to 6:30 pm. The sale includes the New Jersey state license, the certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The owners consist of an absentee corporate group who are not involved in the day to day operation. The center presently has a full time educational director who is unaware of the pending sale. The corporate owners are absentee involved in an alternative industry. The business presently has a limited marketing plan, basic web site and if improved can further develop the business net income. To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2015 yearly gross income is $333,547 and the business has a yearly net income of $61,000 based on an owner operator and prior to debt service. The business has been valued at $175,000 based on a multiple of three times the net yearly income which includes the value of the specific business assets and financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Expiration:
9/1/2019
Employees:
Six
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This wonderful business opportunity is located in Northern New Jersey, Middlesex County. The city consists of various affluent & highly populated communities with continued demand for this specialized service. This modern center which consist of 4,000 square feet is approved for fifty-two children from infants to age six years. The facility has a modern professional appearance and is located in a commercial campus with various other active and successful businesses.
Competition:
To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a limited marketing plan, basic web site and if improved can further develop the business net income.
Financing:
Some seller financing is available to qualified buyers.
Support & Training:
The owners consist of an absentee corporate group who are not involved in the day to day operation. The center presently has a full time educational director who is unaware of the pending sale.
Reason for Selling:
Corporate absentee owners.

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Ron Cervelli

Business Listed By:
Ron Cervelli

Regal Consulting Corp.

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