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Business for Sale Summary

Day Care Business for sale in Passaic County, NJ - 33514

Business Type: educational services / schools,schools/ education,day care center
Owner Financing
Day Care Business for sale in Passaic County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $350,000
Gross Revenues $270,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $250K a5 5% over 60 months

Business Description

A Child Day Care Center in Passaic County, New Jersey has become available for purchase. This is a highly profitable, state-licensed, state teacher certified childcare center that distinguishes itself from other centers as it opens early and closes late to facilitate drop-off and pick-up and, it charges less than other centers in the region to further ingratiate itself into the community. Licensed to house 39 children ages 0 to 13 years of age, it is no wonder that this center reached capacity early-on. A second floor has now been established and certified by the state to house 45 more children. Upon opening, the state will advance the owner of the Day Care $11,500 per child, or $517,500, and, given its reputation and acceptance in the community, this is a near certainty. The Center is fully equipped, clean, well-staffed and its children are able to enjoy a picturesque playground. The owner is seeking to retire. Seller financing is available to a qualified buyer.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.