Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Prodigy Business Brokers

Childcare Center Morris County With Growing Enrollment For Sale

New Jersey, US
Asking Price:
$489,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$715,000
Cash Flow:
$200,000

This center was established over 20 years ago with the current owner consistently growing the enrollment. The center had nearly 100 children prior to the March 2020 pandemic shutdown. The owner takes pride in the exceptional curriculum with a focus on early child development. The maximum allowed is 122.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease expires 2025 with a 5-year renewal.

Leasehold Rent:

$86,400 per annum

Location:

The center is bordering several towns.

Premises Details:

There is 10 rooms with 8 large classrooms.

Size in square feet:
6,500

Business Operation

Expansion Potential:

The new owner should be in place a marketing plan which should take the enrollment to the maximum allowed.

Reasons for selling:

Retriement

Trading hours:

Monday - Friday 6:30 am - 6:30 pm.

Employees:
10
Years established:
20

Other Information

Support & training:

The current owner is willing to train and assist in a smooth transition.

Financing available:

There is some seller finance available to qualified buyers.

Furniture / Fixtures value:
$35,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price

Listed by

Prodigy Business Brokers

Contact Prodigy Business Brokers

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here