Established Day Care Center Plus Real Estate

Not Disclosed, TX


Asking Price: Annual Revenue:
$837,200 $418,549

Services: Children - Child Care, Education


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RE: Established Day Care Center Plus Real Estate Broker: Wayne Blease

Quick Facts

Asking Price: $837,200
Annual Revenue: $418,549
Net Profit: Not Disclosed
Cash Flow: $104,639
Total Debt: Not Disclosed
FF&E: $150,600
Real Estate: Not Disclosed
Year Established: 1970
Employees: 9
BBN Listing #: 295744107
Broker Reference #: 76931-139991

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Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-139991
This daycare has been operated by the current owners since 1989. They custom-built the existing freestanding location in 1995 for their daycare. They cater to kids of ages from infants to 12 years old. They have a curriculum for every age group. They have a large, well-equipped, beautiful playground that the kids refer to as their park. They serve breakfast, a hot lunch, and an afternoon snack every day. They supply transportation to and from school every day with two vans. In the summertime, they supply transportation to different kinds of field trips that are regularly scheduled for the summer. They are open Monday thru Friday 6am to 6pm. While they struggled through the Pandemic they were able to recover even stronger than their previous years and have taken advantage of Childcare relief funds to extensively remodel the facility, and increase staffing. This included new A/C’s, all new doors, all new tires on both vans, and the roof was replaced five years ago as well. They have a staff of 9 plus the owner. Of the nine staff members, one is a Certified Director and another is close to completing certification. They are licensed for 97 kids and their current enrollment is at 70.
This Day Care was started in the early 1970s and the current owner has been involved with the concept since 1989. They remained in the leased location for six years. The current owners purchased the property next door and built a freestanding facility customized for their daycare and moved in next door. They have been operating from this free-standing facility ever since. They have consistently maintained the property throughout the years. They did extensive remodeling to the facility this year. The current roof was replaced five years ago. They also replaced two of the Air conditioning units in the past four years, and two new Air conditioning units this year. They have two vans that are used to supply transportation for the kids to and from school every day. They replaced all four tires on the vans this year. In the summertime, they supply transportation to different kinds of field trips that are regularly scheduled for the summer. They are open Monday thru Friday 6 am to 6 pm. They have been very successful for the past 30+ years and are now ready to retire.

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Property Features and Assets:

This Day Care was started in the early 1970s and the current owner has been involved with the concept since 1989. They remained in the leased location for six years. The current owners purchased the property next door and built a freestanding facility customized for their daycare and moved in next door. They have been operating from this free-standing facility ever since. They have consistently maintained the property throughout the years. They did extensive remodeling to the facility this year. The current roof was replaced five years ago. They also replaced two of the Air conditioning units in the past four years, and two new Air conditioning units this year. They have two vans that are used to supply transportation for the kids to and from school every day. They replaced all four tires on the vans this year. In the summertime, they supply transportation to different kinds of field trips that are regularly scheduled for the summer. They are open Monday thru Friday 6 am to 6 pm. They have been very successful for the past 18 years and are now ready to retire.

Market Competition and Expansion:

Marketing efforts could be enhanced with the increased use of social media, paid search, organic search and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level. The current website is not managed and is a big opportunity for growth. With a strong focus on local marketing and community involvement, the opportunity exist for continued growth. Trending growth opportunities in the child care industry include: Employer-sponsored child care services – These programs encourage child care use and provide a steady stream of revenue for centers under contract. This service has gained popularity with medium and even small businesses in the last few years. Employers could potentially contract with this child care company for a fixed fee per child that may include subsidies from the employer. Extended Hours – The demand for child care during nonstandard hours is growing as more people work longer hours or overnight. Nonstandard hours will continue to grow, driven by a tougher job market, single-parent households, and expansion of jobs in industries like nursing, retail, and food services. The center is licensed for 97 children and enrollment currently is at 70. Their enrollment has been as high as 117 but they are more comfortable keeping it around 75. Their numbers have improved considerably for the current year to date. They have extensively remodeled the facility with a new Roof installed 5 years ago, two new two AC units installed four years ago and two new AC units installed this year. Opportunity to continue to increase enrollment to increase revenue.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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