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Details - Information last confirmed on May 25, 2021
Opportunity for a full-time owner-operator to purchase a turnkey Preschool with tremendous potential in Morris County. It is located in a suburban town with upscale communities nearby. The 3,000 sqft center was completely renovated 3 years ago and is fully equipped with new floors, furniture, and appliances. There are 4 classrooms, Director's office, full kitchen, cameras in every room and outside playground.
The center is licensed for 67, ages 6 weeks to age 13, which can be expanded to 80. At the time of state closings, 25 children were enrolled. The business has a long lease with 2 years remaining on the first 5 years with four 5 year options to follow. The town does not have a public option for ages 3 and 4 which protects the growth of this age group.
The owners, due to health reasons and the growth of their businesses, have decided to sell. The business needs a full-time on-site owner who integrates with the community to maximize the center's potential. Government funds have been approved and would transfer to the new owner. The owners have reduced the price and are looking for a quick sale and willing to negotiate. Make an offer.
The business is now offered at $40,000.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.