Profitable and Expandable Childcare Center - Price Negotiable

Ocean County, NJ

Profitable and Expandable Childcare Center - Price Negotiable
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Asking Price: Get Financing: $112,000

Cash Flow: $46,000

Gross Revenue: $145,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Lease Rate: $800 /Month

Established: 2002

Profitable and Expandable Childcare Center - Price Negotiable

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Business Description

This is a profitable childcare center located in an Ocean County resort town. With a current enrollment of 24 full time and part time children, the legal capacity of the business can easily be expanded by adding another bathroom. Cash flow is very consistent by virtue of the fact that the business' revenue is derived from the State, and the owner charges supplemental fees. An additional benefit is that rent is $770 per month, or approximately $8.40 per square foot; the landlord will also grant a 10 year lease on the same terms as the current lease.

This is an excellent opportunity for someone who is new to the childcare industry and who wants to learn the business in an environment that is not overwhelming.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities clean, safe and well lit on main road in strip mall. There are no environmental issues, and the business has passed its three year inspection.
Competition:
Minimum competition in the immediate area
Growth & Expansion:
Business can be readily expanded by adding another bathroom so as to meet State requirements for doubling capacity.
Support & Training:
Yes for reasonable period of time
Reason for Selling:
Owner opened a new business and cannot manage both businesses
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Brad Palmer

Business Listed By:
Brad Palmer

Crown Business Brokers LLC

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