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Listed by:

Executive Business Brokers

Non Franchised Preschool Priced To Sell For Sale

Warren County, New Jersey, US
Asking Price:
$145,000
Sales Revenue:
$283,330
Cash Flow:
$60,698

This is a great opportunity for an experienced daycare professional to own a well established (10 yrs) Non-Franchised Preschool with quality care located in Warren County. The center is a well maintained 3,800 sqft facility with 5 classrooms, a multipurpose room, a large event room, storage room, full kitchen, office with reception area, and a supersized 5,000 sqft outdoor playground with a synthetic grass surface. For security, there are live cameras in all the classrooms and offices.

The center is licensed for 83 children ages 6 to 13. Just before the pandemic shutdown, there were 46 children enrolled including 15 state-supported and 6 in aftercare. Services include Infants, Pre-K to age 5, After Care, and Summer Camp. The center follows Creative Curriculum guidelines with additional features. A 30-minute gym class is offered once a week for which parents sign up. The Pre-K curriculum includes an enrichment program with an innovative rotation of the children through different classrooms for Dramatic Play, Literacy, Art, & Math, & Science.

The business is run absentee by the owner whose full-time attention is devoted to two other businesses he owns. Given the current business disruptions, the owner cannot devote the time and the resources to grow the business when it opens in the fall. The lease is month to month and the landlord will negotiate a new lease. The financials are based on tax returns and assume the new owner will act as the Director. The owner is very motivated and will entertain all reasonable offers and will insure 2 weeks of on-site training for a smooth transition.

The business is offered at $145,000. For more details call Paul Holveck at Executive Business Brokers

Business Operation

Reasons for selling:

The owner owns two other businesses and does not have the time & resources to grow the business.

Trading hours:

Mon-Fri 7am-6pm

Employees:
7ft 2pt
Years established:
10 yrs

Other Information

Support & training:

The owner will provide 2 weeks onsite training