Franchised Learning Center & Property with Growth Potential

Burlington County, New Jersey

Business Summary: This is a great opportunity to own a nationally accredited, well established (26yrs) Premier Franchised Learning Center located in Burlington County experiencing rapid growth. Located on a main highway, it has easy in and out access with parking for the staff and drop-off and pickup. The well maintained building is 6,335 sqft with 7 classrooms, playroom, 2 offices, staff room, kitchen and large outdoor playground with rubberized and grass surfaces. Camera are placed on the outside and foyer for security. The center is licensed for 129, ages 0 to 13 years. Services include Infants to Pre-Kindergarten care, School Age, and Summer Camp. The owners work full time acting as the Director overseeing a quality staff of 17 including two Asst Directors, Head Teachers and Assistants, many with degrees or certifications. . The business has experienced a rapid return to normal from the early days of the pandemic in 2020 when all schools closed for several months. While most daycare centers have yet to achieve previous year’s enrollment, the current enrollment of 76 (including 30 state supported) and revenue already exceed levels in previous year and is projected to continue as Covid restrictions are terminated. The sellers also own the property and will provide a long lease or sell the property valued separately at $1.2mil. Buyer responsible for $40k transfer fee. Financials are based, in part, on 2021 projection. The owners have been dedicated to providing quality child care for many years and are ready for retirement. They are motivated to sell and will consider all serious offers. They will insure a successful transition by providing two weeks of on-site assistance for the new owners. The business is offered at $385,000. For more details call Paul Holveck at Executive Business Brokers, 732-266-8136.
Year Business was Established: 26
Number of Employees: 17
Facilities / Terms of Lease: The well maintained building is 6,335 sqft with 7 classrooms, playroom, 2 offices, staff room, kitchen and large outdoor playground with rubberized and grass surfaces. Camera are placed on the outside and foyer for security.
Owner willing to train: 2 week training
Reason for selling: Retirement