Daycare with Real Estate Nets 135k +

Camden County, NJ

Daycare with Real Estate Nets 135k +
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Asking Price: $550,000

Cash Flow: $135,000

Gross Revenue: $330,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2003

Daycare with Real Estate Nets 135k +

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Business Description

NEIGHBORHOOD DAYCARE WITH REAL ESTATE

Very profitable Day Care center with the potential to make significantly more money. The center is at capacity with children on a waiting list. Part of the center can be changed from Living Space to Day Care space which would increase capacity by 50% with a very nominal outlay.

Detailed Information

Location:
Camden County, NJ
Real Estate:
Owned
Included in asking price
Building SF:
3,000
Employees:
7 to 10
Facilities:
The Sale includes the day care business and the 2 story house that it's located in. Currently used as follows: Basement; equipped with several computers and a large screen TV used for older children ages 6 - 13 for before and after school care. The First floor has 6 smaller rooms used for infants and children. Half of Floor #1 and Floor #2 is used as living quarters for the owners which is easily convertible into Day Care space. Or the owners can live there at a very modest cost as the cash flow stated here includes all house utilities, insurance, real estate taxes, TV, telephone and internet.
Competition:
The business is in a Prime location along a well traveled state highway. The Property has parking for about 6 cars and there is also ample street parking if the lot is full.
Growth & Expansion:
The first floor of the house can be converted into day care space. Separate entrances and a bathroom. In the upstairs living quarters, there are four bedrooms and a bathroom. To use this space, you need only install and outside door and steps. There is some demand for overnight care at this location so that can be considered by new owners.
Support & Training:
Seller will train up to 4 weeks and will be available to answer questions and/or give advice after the training.
Reason for Selling:
Other Interests / Retiring
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(from currently available funds)
 
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David Hoffman

Business Listed By:
Broker

David Hoffman & Associates Inc.

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