A fully built, licensed and equipped 120-seat early-education school in Hunterdon County, New Jersey, operating since 2003 under a leading national preschool franchise brand. Offered as an asset sale with the franchise rights, the lease and all furniture, fixtures and equipment in place, at asking $799,000.

Listing Snapshot
Cash flow is not shown: enrollment reset sharply in October 2025 and has held at 41 to 50 FTE since, and earnings today are at break-even before owner pay. The 2026 revenue run rate is about $940,000. In 2023 the same building ran 118 FTE at 100.9% occupancy with $2,026,570 of revenue and $612,720 of EBITDA on the franchisor’s statements (prior owner). A written account of the October 2025 change is furnished to qualified buyers under NDA.
What You’re Buying
The Opportunity
The price rests on what a licensed, equipped, leased and branded school costs to replace, and on what this building has already earned at 80 to 90 percent occupancy, not on current earnings.
The school conveys the state license (capacity 120), seven classrooms, a fenced play yard, a 2026 pre-K classroom fit-out, the equipment, the lease and 42 enrolled children. The rate card is $1,650 a month for preschool, with gross tuition per FTE of $1,737 a month in 2026. Payroll runs on a third-party service with every quarter filed and paid.
The surrounding township’s median household income is $159,808 and 66% of adults hold a bachelor’s degree or higher (U.S. Census ACS). The district’s free pre-K serves 3- and 4-year-olds only, so infant and toddler care stays private pay at the top of the rate card.
Franchisor approval, a new state license in the buyer’s name, district consent to the pre-K contract and landlord consent to the lease assignment. Buyers should expect to fund with equity; the seller’s lender release is a closing condition and the seller is coordinating it in parallel. The Director position is currently open and being recruited.
Business Profile
A 20-page confidential information memorandum with four years of franchisor statements, enrollment by classroom, a 14-month cash statement and the tax returns is released after a signed NDA. The brand, the school’s town and the sellers are never disclosed publicly. Also listed on BizBuySell as ad #2571806.

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