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Daycare Asset Sale includes Property with Seller Financing

New Jersey

Asking Price: Gross: Cash Flow:
$675,000 $388,000 Undisclosed

Furniture and Fixtures Value:
$35,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Business Summary:
Opportunity to own a well-established Ocean County non-franchised daycare center essentially for theprice of the .86 acre property. This is a center with excellent parent reviews and is participating in GrowNJ Kids, the state education improvement program. It is known for its healthy food policy whichexcludes juice and all sugar treats from the menu. A turnkey operation, it has an experienced staff, and awell maintained facility with an excellent layout. The owners recently installed a new roof, new floorsand new HVAC. The center is 2,085 sqft with 5 classrooms, a multipurpose room, Admin and DirectorOffices, kitchen, and 3 bathrooms, all with emergency exit doors. Just under an acre, the property,assessed at $650,000, provides the space for a large outdoor playground with 3 separate play areas and aswimming pool. Services include Infant-Pre-K care, Before/After Care, & Summer Camp. It is licensedfor 66, with 74 enrolled which includes 22 Pre/Aftercare. Forty two children are state supported.After 18 years in the business, the owners are anxious to retire as soon as possible. The opportunity existsfor a buyer with daycare experience and marketing expertise to improve the financials.Business and property are offered at $675,000, with a down payment of $475,000 and $200,000 sellerfinancing for a qualified buyer. The sellers are very motivated and will consider all serious offers.For further information, call broker Paul Holveck at 908-851-9040 x277

 
   
   
Year Business was Established: 18
   
Number of Employees: 12F/T 3 P/T  
   
Facilities / Terms of Lease: Turn-key operation, fully equipped for a daycare center. Recently refurbished with new floors, roof, and HVAC  
   
Owner willing to train: Seller will provide up to 2 weeks training  
   
Reason for selling: Owners are retiring  
 

 

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