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Daycare Asset Sale includes Property with Seller Financing

NJ

Daycare Asset Sale includes Property with Seller Financing
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Asking Price: $675,000

Cash Flow: N/A

Gross Revenue: $388,000

EBITDA: N/A

FF&E: $35,000

Inventory: $5,000*

Established: 2000

*not included in asking price.

Daycare Asset Sale includes Property with Seller Financing

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Business Description

Opportunity to own a well-established Ocean County non-franchised daycare center essentially for the
price of the .86 acre property. This is a center with excellent parent reviews and is participating in Grow
NJ Kids, the state education improvement program. It is known for its healthy food policy which
excludes juice and all sugar treats from the menu. A turnkey operation, it has an experienced staff, and a
well maintained facility with an excellent layout. The owners recently installed a new roof, new floors
and new HVAC. The center is 2,085 sqft with 5 classrooms, a multipurpose room, Admin and Director
Offices, kitchen, and 3 bathrooms, all with emergency exit doors. Just under an acre, the property,
assessed at $650,000, provides the space for a large outdoor playground with 3 separate play areas and a
swimming pool. Services include Infant-Pre-K care, Before/After Care, & Summer Camp. It is licensed
for 66, with 74 enrolled which includes 22 Pre/Aftercare. Forty two children are state supported.
After 18 years in the business, the owners are anxious to retire as soon as possible. The opportunity exists
for a buyer with daycare experience and marketing expertise to improve the financials. .
Business and property are offered at $675,000, with a down payment of $475,000 and $200,000 seller
financing for a qualified buyer. The sellers are very motivated and will consider all serious offers.
For further information, call broker Paul Holveck at 908-851-9040 x277 6125PH

Detailed Information

Inventory:
Not included in asking price
Employees:
12F/T 3 P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Turn-key operation, fully equipped for a daycare center. Recently refurbished with new floors, roof, and HVAC
Support & Training:
Seller will provide up to 2 weeks training
Reason for Selling:
Owners are retiring
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Contact the Seller

(from currently available funds)
 
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Paul Holveck

Business Listed By:
Paul Holveck

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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