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Preschool with Growth Potential Seller Financing

Burlington County, New Jersey

Asking Price: Gross: Cash Flow:
$195,000 $258,090 $116,293

Business Summary:
This is a great opportunity to own a well-established (13yrs) Non Franchised Preschool with quality care located in Burlington County. The center is a well maintained 3,000 sq. ft. fireproofed facility with 2 classrooms which can be divided, reception area, kitchen, in room bathrooms, storage area, and recently installed 300 sq. ft. outdoor playground. There are cameras in every room. The center is licensed for 30, ages 6 weeks to age 13, which can be expanded to 45 with the addition of one toilet. The majority of the enrollment is subsidized by the state which generated profit in 2020. Currently, there is only one room open as the owner is attending classes to prepare for an opportunity in another industry. Huge growth is expected with the opening of the second room. There is also a new warehouse opening nearby. The owner/director typically manages a staff of 3 (currently 2) and does not run a summer camp, which is another opportunity for growth. Current lease is fixed. Cash flow assumes new owner as the Director. The owner, who is motivated to sell, will provide some seller financing and insure 2 weeks of onsite training for a smooth transition.The business is offered at $195,000. For more details call Paul Holveck at Executive Business Brokers, 732-266-8136.

 
   
   
Year Business was Established: 2008
   
Reason for selling: Owner is retiring from daycare to pursue a non competing business opportunity  

 

 

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