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Businesses For Sale > Business For Sale in Southern Bergen, New Jersey (NJ)

PROFIT. CHILDCARE CNTR. - BANK FIN. IN PLACE - PRICE NEG. for sale in Southern Bergen, NJ

Southern Bergen, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 1,200,000 $ 1,500,000 $ 330,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Business Summary:
This is a high end state of the art childcare center. Net cash flow to owners is $330,000 per year, which sellers can prove. The center offers a wide variety of educationally enriching activities for infants and for children up to age six. The sellers are also owners of the property that the childcare center is located in, and are offering a long term triple net lease at fair market value. Presently, the center has 140 children, which includes both full time and part time students. This is a perfect opportnity for someone already in the business who is seeking to expand, or for someone what wants to enter the business in a highly profitable situation. The business has already been approved for SBA financing, and can be purchased with 25% down. The business is located in Bergen County, NJ.

 

   
Year Business was Established: 1990
   
Number of Employees: 15 FT/15 PT  
   
Facilities / Terms of Lease: Facilities consist of 7,500 square feet plus playground in clean, well lit and safe building. in upper middle class community.  
   
Potential Growth/Expansion: The business can be expanded by adding new services. A complete business plan explaining this is available to serious potential buyers.  
   
Competition: None that can be considered competition.  
   
Owner willing to finance: Yes, bank knows business and has pre-approved for right buyer.  
   
Owner willing to train: Owners are willing to stay on for reasonable period of time.  
   
Reason for selling: Retirement of both current owners.  
   
Seller Reference Number: bm1824564649
BusinessMart.com Listing Number: 120782
 

 

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For more info contact:

Brad Palmer

Crown Business Brokers LLC
908 931 9300

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