State of the Art Child Care & Pre-School Franchise

Ocean County, New Jersey

Business Summary: Brand name franchise day care center located on a main thoroughfare in a growing town. Open only 2 1/2 years ago it already has an excellent reputation in the community. Licensed for 196 full time children, ages 6 weeks to 5 years. Currently it has an enrollment of 140 which is only 110 full time equivalents so there is tremendous growth potential. With current revenue trend and expense savings, the cash flow for 2010 is approximately $200,000. The facility is a beautiful state of the art child care center. 10,000 sq ft of the very best equipment and a large playground segmented by age group. There are nine classrooms and a multi purpose themed playroom, each with a bathroom and exit door for safety. The franchise is one of the most educationally focused in the industry and the children are exposed to an early reading program and other unique enrichment programs that accelerate their learning curve. Services include: Before & After School Care, Busing for Kindergarten-4th Grade for town Schools, and a Sensational Summer Camp. Open year round, Monday through Friday, 6:30 am - 6:30pm. This is a turn key operation with an experienced staff, management systems, and local marketing programs in place for expanding the business. This is a must see for serious buyers who want to own one of the best in the industry. Owner is selling due to a medical condition that makes it impossible to continue running the business. Asking $380,000 down and will finance the $300,000 balance. Very negotiable for full cash offers. $10,000 transfer fee to be paid by buyer. For further information, please contact 908-851-9040 Ext 277.
Number of Employees: 23
Facilities / Terms of Lease: 10,414 sq. ft. parking lot in front of building, in good condition with a 13 year lease.
Competition: Several
Owner willing to finance: Balance $350,000 payably in 5 years
Owner willing to train: 2 weeks
Reason for selling: Health reasons