Childcare & Daycare

Verified

School Asset Sale Brand-New Build, Fully Renovated

Somerset County, New Jersey
School Asset Sale Brand-New Build, Fully Renovated exterior
Asking Price
$1,800,000

Business Description

HS Listing ID-69304

Brand-new build, fully renovated **ASSET SALE***

Facility • Size: 12,600 sq. ft. • Renovations Completed: $2.2 Million invested • Completely Renovated • Licensed Capacity: 194 kids • 10 classrooms • Currently Open: 2 months • Current Enrollment: 45 kids in building • Ownership: 1 owner

Financials / Pricing • Asking Price: $1.8 Million • Tuition Pricing: • $500 weekly • $375 weekly option • $175 daily if daily program • Build Cost to Create School: $2.75M (benchmark stated)

Lease Terms • Rent: $37,000 per month • Structure: Triple Net Lease • Lease Term: 15 Years • Current Incentive: Only 50% rent for next 6 months • Landlord Selling Building for : $5.7M

Staffing / Payroll • Director Salary: $65,000 (director willing to stay) • Assistant Director: $57,000 • Teachers: $17–$30 per hour

Franchise / Operations Notes • Fully operated (just new) • Franchise fee 7% (noted) • Corporate infrastructure support (call center)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Ad#:2462033

Additional details: - Listing status: Active - Reason for selling: Other business interests. - Intermediary: Pedro Lantigua · Hedgestone Advisors · 631-994-1164 - Source listing: https://www.bizbuysell.com/business-asset/school-asset-sale-brand-new-build-fully-renovated/2462033/

Franchise Location Somerset County, NJ

Training Provided

Yes.

Franchise System Information

About the Franchise Brand

School Asset Sale Brand-New Build, Fully Renovated — HS Listing ID-69304 Brand-new build, fully renovated **ASSET SALE*** Facility • Size: 12,600 sq. ft. • Renovations Completed: $2.2 Million invested • Completely Renovated • Licensed Capacity: 194 kids • 10 classrooms • Currently Open: 2 months • Current Enrollment: 45 kids in b...

Training Provided

Yes.

The information in this listing has been provided by the business seller or representative stated above. Verified Franchise Resales has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.