Businesses For Sale > Business For Sale in Morris County, NJ, New Jersey (NJ)

Quality Montessori Daycare & Property with Bank Financing for sale in Morris County, NJ, NJ

Morris County, NJ, New Jersey (NJ)

Asking Price:	Gross:	Cash Flow:
$ 900,000	$ 406,586	$ 215,182

Furniture and Fixtures Value:
(not included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
$ 475,000 (included in the asking price)

Business Summary:
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.

For more information contact:
Paul Holveck
(732)-266-8136
[email protected]

Year Business was Established: 2002

Number of Employees: 5FT

Facilities / Terms of Lease: 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.

Potential Growth/Expansion: 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: 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.

Owner willing to finance: Bank Financing

Owner willing to train: Owner will provide 2 weeks training onsite assistance to help with transition.

Seller Reference Number: 23146PH
BusinessMart.com Listing Number: 308847

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For more info contact:

Larry Bodner
Executive Business Brokers
908-851-9040

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