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Fully Renovated School Asset Sale Brand For Sale

Somerset County, New Jersey, US
Asking Price:
$1,800,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

HS Listing ID-69304

Brand-new build, fully renovated **ASSET SALE***

Facility

  • Size: 12,600 sq. ft.
  • Renovations Completed: $2.2 Million invested
  • Completely Renovated
  • Licensed Capacity: 194 kids
  • 10 classrooms
  • Currently Open: 2 months
  • Current Enrollment: 45 kids in building
  • Ownership: 1 owner

Financials / Pricing

  • Asking Price: $1.8 Million
  • Tuition Pricing:
  • $500 weekly
  • $375 weekly option
  • $175 daily if daily program
  • Build Cost to Create School: $2.75M (benchmark stated)

Lease Terms

  • Rent: $37,000 per month
  • Structure: Triple Net Lease
  • Lease Term: 15 Years
  • Current Incentive: Only 50% rent for next 6 months
  • Landlord Selling Building for : $5.7M

Staffing / Payroll

  • Director Salary: $65,000 (director willing to stay)
  • Assistant Director: $57,000
  • Teachers: $17–$30 per hour

Franchise / Operations Notes

  • Fully operated (just new)
  • Franchise fee 7% (noted)
  • Corporate infrastructure support (call center)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.