Successful Children’s Day Care Center in Burlington County, New Jersey. The owner’s family is relocating out of state and has priced the business aggressively at fair market value. At this Childcare Center, the children are exposed to early concepts through play and hands-on exploration. The environment is seeded with opportunities that inspire a child's natural curiosity, imagination, and creativity. Their developmental program believes in the importance of process rather than product, and that experience is the best teacher. They strive to provide all of the children in the programs with strong personal values, while encouraging children to grow in self-worth and independence. Their goal is to link together with family & child, and all of their staff in a balanced approach to learning through play. They pride themselves with providing a curriculum and developmental program you'd expect from a top quality childcare center while maintaining the warm, loving, comforting environment of home based childcare. The business assets have an estimated value of $85,000 and the sale consists of a fully equipped children’s day care center, which includes displays, shelving, POS system, tables, computers, software, play activities, curriculum, 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. This business opportunity has eleven full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $14,000. This child care center has an assignable commercial lease which expires 2021-01-01 plus additional options, with a monthly rent of $7,100 and rent security $7,000. The business is located in a highly active commercial mall and consists of a 3,500 square feet facility with a capacity for approximately seventy-five children. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active five days per week, with hours from 6:30 am to 6:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state licenses to conduct its day to day business. 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 wonderful investment return to the owner operator prior to debt service. The 2015 yearly gross income is $485,753 and the business has a yearly net income of $69,900 based on an owner operator and prior to debt service. The business has been valued at $250,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Asking Price $250,000
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