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High Quality Non Franchised Preschool Center for Sale

Morris County, NJ

High Quality Non Franchised Preschool Center for Sale
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Asking Price: $295,000

Cash Flow: $106,114

Gross Revenue: $523,313

EBITDA: N/A

FF&E: N/A

Inventory: $2,000

Established: 1998

High Quality Non Franchised Preschool Center for Sale

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Business Description

This is a great opportunity to own a well-established (21 yrs) Non-Franchised Preschool Center with a long record of quality childcare. Located in a moderate suburban town, parents rate it as one of the best in the area. The center is a well maintained 6,000 sq ft facility with 9 classrooms including a separate Walker Room for pre-toddler, an indoor rec room, eating area for 3yr olds, hallway bathrooms, an office, storage space, and an outdoor playground.

The center is licensed for 101 children ages 6 weeks to 13. Currently, there are 49 children enrolled with two in Aftercare and one state-supported with copay. Services include Infants, Pre-Kindergarten to age 5, Before & After Care & Summer Camp. The business is family owned, with one of three family members working as the Director on any given day, managing a very experienced and professional staff of 9, several with over 15 years experience. There is a 2yr lease in place with a 5yr option. A new advertising program with Ad Works has been put in place to increase the enrollment.

After many years of rewarding work, the family is retiring. They are very motivated and will entertain all serious offers and will provide 2 weeks of on-site training to support the new owner during the transition.

The business is offered at $295,000. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.

Detailed Information

Location:
Morris County, NJ
Inventory:
Included in asking price
Employees:
9FT 1PT
Support & Training:
Owners will provide training for 2 weeks to assist with the transition.
Reason for Selling:
Owners are retiring
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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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