Burlington County Day Care Center
For Sale in NJ
Financial & Assets Details
About the Business
Wonderful business opportunity to purchase this wonderful children’s day care center in a highly active community of Burlington County, New Jersey. The center is approved for 22 children and offers a twelve-month service to the parents it serves. The center is licensed with the New Jersey Department of Community Affairs and is registered with the department of Children & Families. The facility does not offer infant care; however, it does offer after-school services. This day care center has 2 full time and 2 part time employees who are unaware of the pending sale. As per this industry, the payroll is primarily based on an hourly basis, also the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $3,000. The business transaction has an assignable commercial lease which expires 11/30/2019, plus 3 additional one-year options available, with a monthly rent of $2,000, and rent security of approximately $4,000. The business has been valued / priced at $75,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.
Growth & Expansion
The business can be further expanded by the new operator, with a marketing plan and an improved web site, also there is no local advertising, and if improved can further develop the business yearly gross sales.
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
This successful retail facility which consist of approximately 1,200, square feet have an attractive professional appearance. The business is in a mid-size commercial mall with numerous other active and successful businesses. This opportunity is in Southern New Jersey, Burlington County, which consists of various highly populated communities with continued demand for this particular service and industry.
Support & Training
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owner’s illness and family obligations.