High Volume Day Care Center For Sale

This is a great opportunity to own a well-established (15yrs), very profitable private Morris County, daycare providing quality care and education for children. Well situated on a main road in the community, the school is in a standalone building with one other tenant and has parking space for staff, and easy drop-off and pick up for parents. The school occupies 6,500 sqft with 10 classrooms with in-class bathrooms, kitchen/staff room, office, in- room cameras and large outside playground. It’s licensed for 122, ages 0-13 with a current enrollment of 96. 18 children are receiving state subsidies. Services include Infants thru Kindergarden as well as Summer Camp. The school also provides breakfast, lunch, and snacks. The owner works full time as the Director managing a staff of 16 teachers, 14 full-time and 2 part-time. The school follows the Creative Curriculum to provide the appropriate stimulation for growth, curiosity, and independence. There has been consistent high revenue and cash flow over the last three years. Initiating Before and After Care is an opportunity for future growth. The financials assume a new owner will act as the Director. The owner has been dedicated to providing quality childcare for 34 years and has now decided to retire. The owner will insure a successful transition by providing two weeks of on-site training to assist the new owners. Business is offered at $1,100,000 with a down payment of $110,000 and bank financing for the $990,000 balance for a qualified buyer