Description

Great business opportunity to own and operate this modern attractive children’s day care center in Northern, New Jersey and in the county of Sussex. The center has a capacity for sixty children consisting of 2,500 square feet and conveniently located on an active county road and close to various highways. The average cost per child tuition is $8,832.20 yearly which represents an excellent investment return to the owner operator. The general area consists of various highly populated working-class communities and continued need for this personal service. The center is located in a wonderful area of Sussex County, convenient for parents and employees. The owner is retiring due to family and children responsibilities and has priced the business very aggressively for an immediate sale with an option to purchase the real estate. This industry requires state government agency approval to operate. This business opportunity has three employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $4,500. The business transaction will have an assignable commercial lease which expires May 20, 2025 plus additional options, with a monthly rent of $3,500, cost per square foot is $16.80 and rent security $3,500. The business is in a modern free stranding facility which consists of 2,500 square feet and has a capacity for sixty children plus employees with private parking. The business fixed assets has an estimated value of approximately $85,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped and the sale represents a fully equipped licensed functioning day care center, which includes accounting software, kitchen, play and learning equipment, outdoor play area, tables, computers, 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. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days per week, with hours from 6:00 am to 6:00 pm. The sale includes a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. This is a wonderful business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator. State license is part of the sale transaction. Please do not disturb business, this sale is confidential, all viewings are by appointment only and photo may not represent this particular business.