Montessori Child Day Care
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $275,000 |
$290,432 |
$89,718 |
Furniture and Fixtures Value:
$80,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Business Summary:
PACKAGE DEAL. In nice office complex licensed for 89 and has been established 12 years; Revenue can be increased by bringing back infants; a second location is included; this center is kept at 30 students and established over 20 years; and is licensed for 70. OTHER EXPENSE: Field Trips-$2,400, Workmen's Comp-$1,1440, Training Expense-$600, Web Maintenance-$144.
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| Year
Business was Established: 12 |
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| Number of Employees:
2FT 7PT/ 2FT 3PT |
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| Facilities / Terms of Lease:
Large, 6,000 sq. ft. in office complex and is 12 years old with excellent parking. Lease is 5 years with 5 year option. Smaller school is a 3,918 sq. ft.;free standing building with playground and plenty of parking; building is 25 years old and is in very good condition; included in sale (package deal). |
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| Potential
Growth/Expansion:
Yes with more aggressive marketing/advertising campaign. Also a “key’ is to bring back infants which seller stopped 3 years ago and that pay the highest tuition. |
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| Competition:
Other Child Day Care Centers (independent & franchise) |
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| Owner
willing to finance:
Will consider terms at 3x net which come to $395,000 asking price |
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| Owner
willing to train:
2-3 weeks which covers both centers |
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| Reason for selling:
Tired |
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| REQUEST MORE INFO |
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