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MORRIS COUNTY DAY CARE.

ServiceFor Sale in NJ

Listing ID: DYCR711 | Broker Listing ID: BLP248073

Financial & Assets Details

$596,429
$131,000
$125,000
$500
Yes
6125+/-

About the Business

2018
10
$9,724
Yes

Business Description

Modern attractive professional children’s day care operation located in Northern New Jersey minutes from Route 80 and in the county of Morris. The center is licensed and approved by the state of New Jersey with a capacity for 101 children which includes infants. This is a two-year plus young children’s day care center which is available with owner financing. This is a dependable safe business opportunity and based on the asking price, requested down payment and projected yearly net income, this business expects to supply a consistent return on investment to the owner operator. This sale is fully confidential. The 2021 yearly gross income during the pandemic was $596,429,69 with a net income of approximately $130,000. However, the gross income projected for the next twelve months is projected to be substantially greater.

Growth & Expansion

Regarding growth and expansion, the retail company can be further developed with continued marketing including specifically local advertising. The present owner relies on Facebook and google advertising. Additionally, the day care was seriously affected by the pandemic and is now enrolling additional children monthly.

Seller Financing

Seller financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Market Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this day care operation. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Location Details:

This business opportunity is in northern central New Jersey, Morris County minutes from Route 80 and on a highly active county road. The business is in a commercial setting conveniently located for parents and staff. This business facility consists of approximately 6,152 square feet with an attractive and professional appearance. The center has a private entrance, various classrooms, and a safe outdoor play area.

Support & Training

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

Reason for Selling:

The purpose of this business sale is due to the owner’s alternative day care business, out of the county-area which now requires her full time attention.

Listing ID: DYCR711

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