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Franchise Day Care Center
Location: United States -> New Jersey -> Monmouth County
Industry: Educational > Day Care Centers




Business Summary

Wonderful business opportunity for this National Franchise Children's Day Care Center in a prime area of Northern / Central New Jersey with a 2017 gross income of $725,435 and a growing net yearly income to the owner operator. This franchise is a highly successful day care organization and offers full training & support to its franchisees. The franchise is an award winning national children's day care franchise organization known for excellence in child care and 27 years of experience with servicing children and families. This center offers an optimal environment for children to learn and grow with a customized curriculum. This day care location is a state of the art child development center consisting of 10,500 square feet with a capacity for 158 children and a 5,000-square foot outdoor child play area. The center currently has an active, number of children enrolled and continues to expand.

This day care franchise is considered the best in the industry, designed for a substantial net profit to the owner operator with continued growth opportunity. This industry requires New Jersey state government agency approval to operator however not to purchase. This business has twenty-five employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll of approximately $24,000. The business has an assignable commercial component which expires 2021 plus additional options, with a monthly rent of $16,830 all in, cost per square foot $24 and rent security $18,000. The business fixed assets has an estimated value of approximately $270,000 which is based on licensing and asset replacement cost and the sale consists of a fully equipped day care center with a state of the art design, consisting of multiple classrooms, modern children lavatories, indoor and outdoor play areas, computer system, website and a specialized curriculum for this center and a list of assets will be supplied to purchaser upon request.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $725,435
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $270,000
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller/ owner will remain post-closing to supply a transitional period also, franchise training and approval is required.
Reason For Selling:  The owner seller is relocating out of state with family.




Print Listing Id: 700322449
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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