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Child Care Center with Business

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$235,000 $479,000 $136,924

Furniture and Fixtures Value:
$125,000 (included in the asking price)

Inventory Value:
$1,000 (included in the asking price)

Business Summary:
Modern childcare Center in Somerset County established for 5 years licensed for 98 children. Currently average enrollment is 55-65 children.. This 5,000 sq.ft stand-alone facility with large outdoor playground and plenty of parking is located on a major highway with many nearby elementary schools for which they provide before and after school care. They also own their own School bus and offer limited bussing by licensed CDL driver. They are open year round with varied curricular programs through the summer months. The center accepts children from 6 weeks through pre-kindergarten and their active after school program accepts children up to 13 years of age. The building and grounds are immaculate. It has 8 classrooms, a lunch room, office and supply room, including a parent accessible camera system. Currently operated by an employee Director this is an excellent opportunity for growth under the supervision of an owner/operator. A stable staff compliments this turnkey operation and has all the elements in place to support growth, expansion and new ideas. Seller is willing to provide training and consulting, as necessary, and will do some seller financing for a qualified buyer. For further information, please contact 908-851-9040 Ext 293.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 6PT/4FT  
   
Facilities / Terms of Lease: Modern childcare Center in Somerset County established for 5 years licensed for 98 children. Currently average enrollment is 55-65 children.. This 5,000 sq.ft stand-alone facility with large outdoor playground and plenty of parking is located on a major highway with many nearby. Elementary Schools for which they provide before and after school care. They also own their own School bus and offer limited bussing by licensed CDL driver. They are open year round with varied curricular programs through the summer months. The center accepts children from 6 weeks through pre-kindergarten and their active after school program accepts children up to 13 years of age.  
   
Competition: Little competition school bus is big advantage for parents with only 1 car or no car.  
   
Owner willing to finance: Prime + 2%  
   
Owner willing to train: Seller will provide 2-4 weeks training  
   
Reason for selling: Owner wants to retire  
 

 

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