Children's Day Care Center

www.GlobalBX.com

Listing ID: 700285563

Listing Title: Children's Day Care Center

Quick Link: http://www.globalbx.com/listing.asp?bId=285563

Industry: Educational

Industry Segment: Day Care Centers

Country: United States

State / Province: New Jersey

Area

City: Sussex County

Asking Price Range: < $250K

Gross Revenues: $158,000

Cash Flow: $48,782

Cash Flow Type: EBITDA

Year Established: 2000

Number of Employees: 1 - 3

Business Description:
Great business opportunity to own and operate this modern attractive children's day care center in Northern, New Jersey and in the county of Sussex. The center has a capacity for sixty children consisting of 2,500 square feet and conveniently located on an active county road and close to various highways. The average cost per child tuition is $8,832.20 yearly which represents an excellent investment return to the owner operator. The general area consists of various highly populated working-class communities and continued need for this personal service. The center is located in a wonderful area of Sussex County, convenient for parents and employees. The owner is retiring due to family and children responsibilities and has priced the business very aggressively for an immediate sale with an option to purchase the real estate. This industry requires state government agency approval to operate. This business opportunity has three employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $4,500. The business transaction will have an assignable commercial lease which expires May 20, 2025 plus additional options, with a monthly rent of $3,500, cost per square foot is $16.80 and rent security $3,500. The business is in a modern free stranding facility which consists of 2,500 square feet and has a capacity for sixty children plus employees with private parking. The business fixed assets has an estimated value of approximately $85,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped and the sale represents a fully equipped licensed functioning day care center, which includes accounting software, kitchen, play and learning equipment, outdoor play area, tables, computers, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.



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