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Businesses For Sale   >>   Educational Businesses For Sale

Ultra Modern National Franchise Preschool

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $983825
Net Profit / Cash Flow  $59240
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2007
Number of Employees  10 - 19
Inventory  $360,000 equipment & $150,000.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The owner will remain post closing and supply a satisfactory transitional period.
Reason for Sale  Owner retiring after many years of success in this service industry.

Ultra modern National Franchise day care center in Ocean County, NJ, owner is retiring after many years of success. This six year young 10,000 sq. ft. center is approved for 125 children with an ultra-modern professional image. The center has a gross income of $983,825 and a consistent net yearly income. They believe that each child deserves to grow and learn at his/her own pace. Their responsibility as an Academy of Early Education is to provide the tools and the environment that will give every child the opportunity to develop to their greatest potential. Based on the asking price, required down payment and net income this business will supply a substantial return to the owner operator prior to debt service. The sale includes, various required licenses, an outdoor play equipment, including various equipment required for this particular children service industry. The building has a legal capacity for 125 children, 10,000 square feet, on one main floor with no basement. This retail business has fifteen employees who are unaware of the pending sale and expected to remain post closing, monthly payroll $32,500. This business location has substantial private parking on the site and part of the lease. The business is operational five days weekly with hours from 6:30 am to 6:00 pm. This particular industry requires a state license from the appropriate government agency and a certificate of occupancy in order to conduct its day to day operation. The business has an assignable commercial lease which expires 2032 with a monthly rent of $21,000 and rent security of two months. This is an excellent safe business opportunity. 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.

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