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




Business Summary

Wonderful business opportunity to purchase this wonderful children's day care center in a highly active community of Burlington County, New Jersey. The center is approved for forty-five children and offers a twelve-month service to the parents it serves. The center is licensed with the New Jersey Department of Community Affairs and is registered with the Department of Children & Families. The facility does not offer infant care; however, it does offer afterschool services.

For Qualifications purposes, this business opportunity industry requires state government licensing approval to operate in addition to the standard municipal licenses. Regarding employees and payroll, this day care company has four full/part-time employees who are unaware of the pending sale. As per this industry, the payroll is primarily based on an hourly basis, also the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $6,550.

The business transaction has an assignable commercial lease which expires 2028-01-01, plus additional options available, with a monthly rent of $4,000, cost per square foot is estimated at $24.00, and rent security of approximately $6,000.

The business fixed assets have an estimated value of approximately $45,000 which is specifically based on the original equipment and licensing replacement cost.

This successful active day care business operation is active five days per week, with hours from 6:30 am to 6:00 pm.

The 2018 projected yearly gross income represented by the seller-owner is $170,000 and the business expects a yearly net income of approximately $36,000 based on an onsite owner-operator and prior to any debt service. Also, due to a percentage of possible non-disclosed income, a formal due diligence is recommended to the purchaser.

The center presently has approximately thirty-five children for its summer program.

The business has been valued/priced at $99,900.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $170,000
Cash Flow:   $36,000
Cash Flow Type:  EBITDA
Inventory:  $45,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner/operator.
Reason For Selling:  Sale is due to the owner’s illness and family obligations.




Print Listing Id: 700325142
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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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