1873 Route 70 | Cherry Hill, NJ, 08003
Price: $ 2,100,000 +/- 13000 SFSales
Business Description:
This Southern New Jersey Day Care center, established for over a decade, is a thriving business licensed for 179 children and currently has an enrollment of 111. The facility features a beautiful, modern fit-out with contemporary furniture and fixtures, creating an inviting atmosphere for learning and play. The real estate is included and was purpose-built for childcare, well-maintained, and features a secure, beautifully landscaped play area.
The business is successfully managed by a director, with the owner overseeing operations without involvement in daily activities. This setup makes it an outstanding addition to a current multi-location business, providing a turnkey opportunity for expansion.
Investment Highlights:
Asking Price: $2,100,000
FF&E: $150,000
Gross Revenue: $1,300,000
Established: 2011
Location: Southern New Jersey
Real Estate: Included
Building SF: +/- 13,000 SF
Leasing Expiration: N/A
Employees: +/- 35
Growth & Expansion: The building has available expansion of class rooms and the enrollment is only at 60%
Reason for Selling: Retirement
Facilities: Fully equipped with a wet fire suppression system to ensure the safety of its occupants. All mechanical systems functioning properly and are regularly maintained to ensure reliable operation
Support & Training: Director will stay in place, owner will give 30 day transition
