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Day Care/Pre-School with Real Estate

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$180,000 $525,000 $123,960

Furniture and Fixtures Value:
$32,000 (included in the asking price)

Inventory Value:
$15,000 (included in the asking price)

Business Summary:
Located in a very nice residential area, with parking for 75 cars Absentee owner. Payroll is high and owner/operator can replace Director $15.00 per hour. Revenues can be expanded by adding after school program and renting facility at night or over the weekends. Most children stay all year round plus they have camp during summer months. Licensed for 60 seats. For further information please contact Richard Kramer at 908-851-9040 Ext. 203.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 9  
   
Facilities / Terms of Lease: 3,200 sq. ft. free standing building in pristine condition with plenty of tables and chairs; closets, and shelves. This 15 year old building has parking for 75 cars and street parking available also. Is in a very nice residential area. Lawn and playground are well maintained.  
   
Potential Growth/Expansion: Has 30 students licensed for 60. Can expand by adding after school program, can rent building and property in the evenings and on weekends.  
   
Competition: Other centers within a 5 mile radius  
   
Owner willing to finance: All cash - Buyer must finance with bank  
   
Owner willing to train: 2-3 weeks  
   
Reason for selling: Wants to move  
 

 

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