This is a great opportunity for a childcare professional to own a high quality well-established (22 yrs), authentic Montessori learning center and the property. Located in an affluent community in Morris County, the business is housed in a stand-alone building on a main road with easy access. The 1,680 sqft facility is very well maintained with 2 large classrooms with large window providing natural light, in-room bathrooms, adult bathroom, office, kitchen, outdoor playground and a cleared space in a forest setting for nature exploration and adventure. Recent upgrades include new roof, new HVAC, new toilets, new fire alarm, new boiler and new gravel path in the nature area.
- Asking Price:
- $900,000
- Sales Revenue:
- $406,586
- Cash Flow:
- $215,182
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Morris County, NJ
- Premises Details:
-
The property is .880 acre and provides the forest setting for unique outdoor activities. Expansion of the building to add classrooms is also possible with the space available. Property has been appraised at $475,000.
- Size in square feet:
- 1,680
Business Operation
- Expansion Potential:
-
Owner has decided to move on to a very lucrative opportunity in a field she previously worked in that is too good to pass up. The business and property are offered at $900, $425,000 for the business and $475,000 for the property. The financials have been adjusted for a full time Owner Director. The Cash flow available for debt service is $215,182.
- Competition / Market:
-
Services include Toddlers-School Age, ages 18 months thru age 6. The owner functions as the Director and manages an experienced staff of 5, who work full time. Four of the teachers are Montessori Certified, several have Bachelor Degrees. Licensed for 34, there are currently 39 enrolled with some part time children. Emphasizing part time enrollment is an opportunity going forward.
- Employees:
- 5
- Years established:
- 2002
Other Information
- Support & training:
-
seller will provide 2 weeks training
