Absentee, Outstanding, and Unique DayCare

Not Disclosed, TX


Asking Price: Annual Revenue:
$1,150,000 $637,905

Services: Children - Child Care, Education


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RE: Absentee, Outstanding, and Unique DayCare Broker: Louis Sabbagh
Owner Financing is Available!
$500,000.00

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $637,905
Net Profit: Not Disclosed
Cash Flow: $384,608
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 529844107
Broker Reference #: 76931-754203

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Business Overview:

This is an outstanding, rare to find, and very profitable daycare located in Southwest Houston. This business is suitable for cash buyers. Due to seller's instructions, the business information will be shared with only those buyers who fill out a complete & accurate buyer’s profile and present proof of funds. 2019 seller discretionary earnings were in the order of $390k. The business is currently owner operated, however all systems are in place to run it as absentee owner. Moreover, one of the owners is willing to continue operating the business either as an employee or a part owner. The business nets enough cash to pay for an assistant manager/director and still generate over $300k in annual net operating income. The seller is willing to offer seller finance up to $500k of the purchase price for a qualified buyer or $250k seller finance with a 25% ownership stake in the business. The buyer will be required to pay the $650k difference in cash at closing. While this is an outstanding business, it will not qualify for an SBA loan. If you are an interested and qualified buyer please contact me directly to present proof of funds and arrange a meeting with the seller.

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Property Features and Assets:

Founded in 2003 with 36 daycare students (Preschool and After School) and have increased the daycare to 136 while running at full capacity. The number of daycare students quadrupled in the last five years, and doubled in the year 2018 alone. These increases were not situational, but came after the decision was made to expand the facility. There is still opportunity growth!

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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