National Franchise Children’s Day Care in a wonderful affluent area of Northern New Jersey, Warren County. This center is approved for 174 children, has a present enrollment of 114 children, 9,400 square feet. The center is conveniently located in an active commercial mall nearby to various affluent communities with continued need for child care services. The day care is also approved for infants at the age of six weeks. This business has a 2015 gross yearly income of $1,140,394 a net yearly income of $163,000 and continues to develop. The franchise maintains a curriculum that is most effective in teaching children skills that will be useful throughout their lives, from phonics to technology to effective social interaction to problem solving. Whatever the child’s age, from infancy to kindergarten, the teachers expose children to enrichment programs such as music, movement, the performing arts, physical fitness, yoga, science, math and more. The centers prepare children for success in school and life while giving them top notch care in a safe, healthy and happy environment. The cost of a new center is approximately $450,000 and requires a minimum of one years cost to appropriately develop a positive cash flow. This center has been priced most aggressively due to family obligations of the owner. The sale includes an assignable 20-year commercial lease with a monthly rent of representing fair market value. This opportunity represents a premier Pre School Day Care franchisees in the industry and offers a rewarding investment opportunity. Based on the asking price, required down payment and net income this business can supply a consistent return to the owner operator prior to debt service. The facility consists of 9,400 square feet in a state of the art, ultra-modern setting with all the necessary amenities. This Center has various classrooms specifically designed for different age groups and activities. The facility also has various children’s bathrooms, a wonderful outdoor play area and a great deal of storage and shelving. This center is located in an affluent area of Northern New Jersey, Warren County in an active commercial mall and nearby to various state highways. The center has an excellent location and services various communities in the county. The sale is due to owner family and Children obligations. The business assets have an estimated value of approximately $220,000 based on replacement cost. The sale includes franchise approval, a premier outdoor play center, POS & accounting systems, camera system, curriculum, including various equipment and supplies required to maintain the day to day operation for this particular industry. The building has a capacity for 174 children, 9,400 square feet on one main floor. The franchise will supply all of the necessary and appropriate post-closing support. This educational children’s service business presently requires twenty-one full & part time employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll is approximately $30,000. This business location has substantial private parking on the site and part of the lease. The Center is operational five days weekly with hours from 6:30 am to 6:30 pm. The Day Care has a NJ State issued license from the department of Community Affairs as a children’s day care center and is franchise approved.
Asking Price $395,000
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