Profitable Childcare Cent. High End Essex County w. Real Est.

Essex County, NJ

Seller Financing Available
Profitable Childcare Cent. High End Essex County w. Real Est.

Asking Price:$1,550,000

Cash Flow:$165,000

Gross Revenue:$400,000

EBITDA:N/A

FF&E:$20,000

Inventory:N/A

Real Estate:$1,300,000

Established:1975

Profitable Childcare Cent. High End Essex County w. Real Est.

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Business Description

This is a great opportunity for a savvy entrepreneur who wants to own a profitable childcare center while at the same time building equity in real estate instead of paying rent. The childcare center has been in continuous operation since 1975, and presently enrolls children ages eight weeks to six years of age. There are presently 50 children enrolled, and the center has a legal capacity of 80. The pricing is competitive, and the enrollment can be expanded quickly with more aggressive marketing. With a competitive employee compensation package, the center has been able to retain employees on a long term basis. The seller may provide some financing to a buyer with good credit and industry experience. The business is in compliance with all State regulations, and its next inspection is in May, 2017. UPON SIGNING A NON DISCLOSURE AGREEMENT, A DETAILED MEMORANDUM OF SALE WILL BE FORWARDED BY EMAIL. In order to ensure confidentiality, all showings will be in the evenings or on weekends.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
4 FT & 7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property consists of a 3,000 square foot well maintained structure located on approximately 0.80 acres on a main thoroughfare in upper middle class community. It is set back approximately 75 yards from the street thereby ensuring privacy and safety for children.
Competition:
Competitive
Growth & Expansion:
The business can be expanded quickly with better marketing and advertising.
Financing:
Possibly some for right buyer
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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