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Bergen Child Day Care Gem

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$1,000,000 $373,561 $201,150

Furniture and Fixtures Value:
$90,000 (included in the asking price)

Inventory Value:
$0 (included in the asking price)

Real Estate:
$1,000,000 (included in the asking price)

Business Summary:
This semi-absentee day care is a terrific value. Owners do not have time to get directly involved place can turn profit in 1st year if building is bought. Licensed for 87 at present has 55 students. Facility is 2 floors, 3 rooms on each floor plus 6 bathrooms and kitchenette. At present 6 infants licensed for 17. Facility housed in free standing building on plot with 17 car parking and play yard. Terrific opportunity for any buyer who can revamp business – hospitals, professional parks and colleges all located near by to draw children from parents working there. Fees can be increased for full/part-time students. Background knowledge or expertise in day care can make this a facility a winner. Takes children up to 6 years of age present. Two owners pay themselves $35,000 each. This top notch day care facility located in roomy two story free standing professionally designed building (suburban Bergen County) is an outstanding value. Two floors, 3 care rooms on each floor – 6 bathrooms, plus office and kitchenette. Semi-absentee run – this facility at present has 55 students – going to the limit of its occupancy (87) is easy for professional day care operator colleges, hospitals and professional parks are all located nearby to draw their child occupants; children meals and snacks are served to students.. Fee/Tuition are – toddler to two years old ½ day sessions can either be AM or PM 3 - ½ days 9-1pm $428 4 - ½ days 9-1pm $494 5 - ½ days 9-1pm $554 Full Day programs 5 full days 7:30am-6pm $1009 p/month 4 full days 7:30am-6pm $855 p/month 3 full days 7:30am-6pm $733 p/month Older Children tuition 3 full days 7:30am-4pm $545 p/month 4 full days 7:30am-4pm $711 p/month 5 full days 7:30am-5pm $833 p/month $9.00 per hour changed after 4:00pm Tuitions can be raised. LEASING ARRANGEMENTS There is a possibility after purchase of business ($200,000) a ten year lease plus options may be had plus security deposit negotiable rent ($8,500) monthly; with option to purchase property. Taxes $17,000 to be paid by tenants (triple net) takes children up to 6 years of age. Semi-absentee run.

 
   
   
Year Business was Established: 2000
   
Number of Employees: 9  
   
Facilities / Terms of Lease: 10 year old free standing building on plot with 17 car parking and play yard all equipment fairly new completed furnished and ready to make profits. Two floor both 3 classrooms on each floor – 6 bathrooms  
   
Potential Growth/Expansion: Enlarging facility has the room – advertising and drawing more students by mailings at present  
   
Competition: There is competition in area – the set up professional design as a day care center makes this facility the top choice  
   
Owner willing to finance: Only deal to purchase this potentially profit machine is paying full amount for business $200,000 and either buying building for 1,000,000 or leas it (triple net)  
   
Owner willing to train: Two weeks  
   
Reason for selling: Owners have other interest  
 

 

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