Seller Financing Available
Gross Revenue: $720,000
Lease Rate/Sq. Ft.: $26.80
Franchise Modern Child Day Care
Seven year young ultra-modern professional Pre School Day Care Center which is considered the best of the best Children’s Day Care Franchise Center in an affluent suburban location of Monmouth County, New Jersey. This center is approved for 152 children with a present enrollment of 74 children and has a gross yearly income of $720,000. The present owner is semi absentee and has elected to sell the business due to family obligations. The cost to develop a new center this size with no children enrolled is $450,000 and requires an additional $150,000 of working capital and approximately two years to appropriately develop with a positive cash flow. This opportunity supplies the buyer with time advantage and a substantial reduction in out of pocket cost. An onsite owner director can gain a substantial advantage and work to further develop the business. The Learning experience is the most premier Pre School Day Care franchisees in the industry and offers a rewarding investment and solid opportunity. The sale consists of a fully equipped commercial setting, which includes displays, shelving, POS system, tables, computers, software, quality curriculum, outdoor play center 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 building has a capacity for 152 children, 9,600 sq. ft., one main floor & no basement. This children’s service business has a full staff of 21 employees required for this center who are unaware of the pending sale and expected to remain post closing, also the average monthly payroll is approximately $22,500. This business location has substantial private parking on the site as part of the lease. The business is operational five days weekly with hours from 7:00 am to 6:30 pm. The business facility has a New Jersey State license as a children’s day care center, a municipal certificate of occupancy and the required food license. Based on the asking price, required down payment and net income this business will supply a dependable future return to the owner operator prior to debt service. This is a most unusual safe business opportunity; please call for further details and a must to see to fully appreciate. The 2015 yearly gross income is at $720,000 and the business is developing a consistent yearly net income to the owner operator and prior to debt service. The business has been valued at $250,000 based on the gross income and the value of the specific business assets and seller 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 may not represent this particular business.
Inventory: Included in asking price
Real Estate: Leased
Building SF: 9,600
Lease Expiration: 10/31/2020
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The facility consists of 9,600 square feet in a state of the art ultra-modern setting with all the necessary amenities. This Center has various classrooms specifically designed for different age groups and activities. The facility also has various children’s bathrooms, a wonderful outdoor play area and a great deal of storage and shelving. This business is located in a suburban area of Monmouth County, New Jersey on a state highway and nearby to various state highways. The center has an excellent location and services various communities in the county with continued need for children services.
Competition: This general area has standard competitors and seller & franchise has agreed to supply an appropriate non compete agreement to the new operator.
Growth & Expansion: This business requires on site ownership as a director-owner, also with an improved marketing plan the center can be further developed representing a greater income.
Financing: Seller financing is available to qualified buyers.
Support & Training: The owner will remain post-closing for a minimum of 30 days in order to supply an appropriate transitional period to the new operator. The franchise and the seller will supply substantial assistance to the new operator.
Reason for Selling: The present owner is absentee and is not involved in the day to day operation.
Franchise: This business is an established franchise
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