Highly popular sixteen-year-old children's day care preschool center located in Northern New Jersey Morris County with a gross income of $352,000 and a net yearly income of $86,000 based on an onsite owner operator. The center is New Jersey state certified as a children's day care center, approved for forty-two (42) children and services kids from the age of 1 ½ to age six. The center is state certified and their staff is fully experienced, educated and degreed, caring, mature individuals with CPR, First Aid, and Disease Prevention Certification. Also to maintain the highest quality of service to their children, the staff is consistently supplied current Preschool/Childcare material and all staff is required to attend professional development workshops. Additionally, State certified background check and fingerprint verification is performed on all employees. The center follows the Creative Curriculum philosophies which believes that young children learn the best in a happy relaxed atmosphere. The center has supplied quality child care and educational services to its students for the many years. The Center is conveniently close to all of the Northern New Jersey highways. The day care center offers an unparalleled level of convenience to their parents and that can make the difference between getting to work on time and having to scramble every morning. Their educational programs are well above average, in addition to their cultural and enhanced courses of study including Music, Dance, Computer Tots, and Language. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 28% investment return to the owner operator, prior to debt service. This professional industry requires NJ state government approval to operate. This children's day care business opportunity is located in Northern New Jersey, Morris County, which consists of various affluent communities with continued demand for this particular children service. The facility has an attractive modern appearance which consist of 2,200 square feet with a private entrance, attached to a commercial church center. This day care center is conveniently located on an active county road with various other active businesses and minutes from Route 80 state highway. This particular business has nine full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $13,800. The business opportunity has an assignable commercial lease which expires 2021-01-01, with a monthly rent of $3,000 and rent security $4,000. The center is located in a free stranding facility which consists of 2,200 square feet has a capacity for approximately 42 children. The business assets have an estimated value of approximately $44,000 which is based on the listed replacement cost. The sale consists of a fully equipped children's day care center, which includes outside play equipment, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.
Asking Price $200,000
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