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Newer Day Care Center for sale in Bergen County, NJ

Bergen County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 225,000 $ 186,000 $ 62,000

Furniture and Fixtures Value:
$ 75,000 (included in the asking price)

Inventory Value:
$ 1,500 (included in the asking price)

Business Summary:
A must to see this first-rate Child Day Care Center business located in a prime and upscale area of Bergen County, New Jersey. This well known and established business is conveniently located in a ground level area of a local Lutheran Church in the center of town. The location is most convenient and highly accessible located on an active county road and with substantial private parking. The center is licensed for sixty (60) children and is expected to reach capacity by year s end. The business, as a day care and preschool child care offers an excellent curriculum with nurturing care in a warm environment. The center has maintained a wonderful reputation throughout the many years. The center also offers a full summer camp program, after school and extracurricular activities. The facility includes various classrooms with educational & play equipment, numerous displays, a computer system, phone system, etc. The building has a legal capacity for 60 children consisting of 2,500 square feet. The business has a huge private parking area as part of the commercial lease agreement. The business is active 5 days weekly Monday - Friday with hours from 7:00 am to 6:30 pm. The business has a New Jersey State license and is approved for 60 children with approximately 44 presently enrolled. The sale includes all the required licensing, academic equipment, outdoor play equipment and all supplies related to this business. The sale includes a 5 year lease term with a yearly rent of $48,000. Included in the rent are all the public utilities such as water, gas & electric, tenant pays a percentage of waste and snow removal. The seller is retiring from the industry due to a personal health concern and to remain as a stay at home mom. The business is priced fairly with owner financing to a qualified buyer.

 

   
Year Business was Established: 1990
   
Number of Employees: 4  
   
Facilities / Terms of Lease: The facility consists of 2,500 square feet with various classrooms, in a free standing structure. The center has a clean modern appearance with an attractive image. Located in northern New Jersey and in an upscale area of Bergen County, NJ. The center is in a convenient location with access for the parents it serves.  
   
Potential Growth/Expansion: The present owner is semi-absentee due to child birth but with onsite management and improved marketing, the business can be developed further.  
   
Competition: No other Day Care competitors exist in the immediate area and seller will supply a non compete agreement to the purchaser.  
   
Owner willing to finance: Seller financing is available for a qualified purchaser.  
   
Owner willing to train: Seller will supply a transitional period and continued support to the new operator and will remain 45 days post closing.  
   
Reason for selling: Due to personal health concern and as a stay at home mother.  
   
Seller Reference Number: DYCR281
BusinessMart.com Listing Number: 115737
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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