Price Reduced Quality Daycare & Activity Center- Bank Financing

Business Summary:
This is a must see and a great opportunity to own a high growth, profitable children’s learning and activity center in an affluent and densely populated Hudson County town. The business is licensed and combines quality daycare with an indoor experiential activity center to help children learn through play by experiencing new things. The services include educational classes for ages 18 month to 7 years as well as open play, birthday parties, special events & summer camp. Newly opened just over 4 years ago, the business has accelerated, with 40 % revenue growth & cash flow tripling over the last 2 years. Currently,daycare is 65% of the business with opportunities for more growth. The daycare operates from 9am-12pm while the activity center is open throughout the day. The owner is currently concentrating on developing the Pre K program that has been a significant part of the growth.The building is 3,380 sqft with 2 classrooms one of which doubles as a party room, a snackbar/classroom, soft play gym, open play gym, reception area and 3 bathrooms. Although licensed for 26, the center maintains between 36-43 children throughout the school year by managing the part time schedules which maximizes the revenue. The activity center requires very little staffing and is a high margin complement to the overall business. Should the business warrant it, there is space to expand the daycare license to a capacity up to 60-75 pending the addition of new bathroom stalls.This is a turnkey operation with a Director, quality staff, many with degrees, a customer database of over 2,800+, including local businesses & schools, multiple revenue streams & an excellent reputation. The owner is relocating out of state but will stay on to train the new owner and insure a smooth transition.The business is offered at $685,000 and a bank has pre-approved a loan for a qualified buyer with a down payment of $140,000 and financing for the balance. For further information, call broker Paul Holveck at 908-851-9040 x277