Well-Established Child Daycare Center (Real Estate Available)
Listing Number: 76931-899523
Listing Details
- Down Payment: $375,000
- Sales: $759,835
- Seller's Discretionary Earnings: $258,168
- Inventory: $0
- Furniture, Fixtures, and Equipment: $75,575
- Rent: $8,500
- Employees: 15
- Year Established: 1975
- Reason for Selling: Retirement
Business Description
We are pleased to present to you this busy childcare center for sale in a city located between 3 major metropolitan areas in Texas: Houston, Austin, and Bryan/ College Station. The business has been around since the 1970s, and the current owners have owned and operated the business for more than 20 years. Currently they are at full capacity with children, and in fact they have a waiting list for new children/ customers that has a queue of about a full year. The business has a stellar reputation in the community, and the property is located near a major highway within a roughly 1 hour commute of Houston and within a roughly 1.5 hour commute to downtown Austin (and about a 45 minute commute to Bryan/ College Station). As each metro area grows towards this community, this hub city will continue to experience explosive growth—as evidenced by a major interstate highway renovation starting in 2027 that will be more than 8 lanes wide. The recently remodeled 1.84 acre property with multiple buildings, playgrounds, and outbuildings, valued at $1.2 million, is intended to be included as a part of this sale. This property has ample room for additions of buildings/ facilities and other interesting possibilities for expansion. The business accommodates children 6 weeks old through 12 years old. The business is fully staffed with 15 full-time employees, and they offer bus service to and from the local schools in town. Competition is not keeping up with demand/ population growth in the area, and the sellers have stated that a new owner could probably get away with a ~10-20% increase in pricing and not see a decline in demand. They have just been hesitant to do so because they want to retire rather than oversee growth initiatives such as this. Thus, a new owner could increase profitability by bringing pricing more in line with market rates, expanding facility capacity/ hiring more staff, expanding hours, and offering up-sell/ concierge-type services that could potentially generate additional recurring monthly revenue.