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- RE: Well-Established Child Day Care Center
- Contact: Charles Miller
Quick Facts
Asking Price: | $2,200,000 | |
Annual Revenue: | $683,207 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $262,998 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,575 | |
Real Estate: | $1,200,000 | |
Year Established: | 1975 | |
Employees: | 15 | |
BBN Listing #: | 982793 | |
Broker Reference #: | 76931-899523 |
Business Overview:
WELL-ESTABLISHED CHILD DAY CARE CENTER WITH REAL ESTATE
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 busing service to-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.
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Property Features and Assets:
Facilities: 1.84 acres, 5 operating buildings (5,500+ square feet combined, most built after 2010). Multiple playgrounds and parking lots.
Market Competition and Expansion:
Competition:
Competition has not kept up with demand in the area. There are very few competitors in the immediate geographic area, and especially not many who provide nursery services for the age groups this business does.
Expansion:
There are many opportunities to grow this business. Perhaps first and foremost, a new owner can add-on facilities at the property that will increase capacity for more students and staff. There is plenty of room on the property to do so. Second, the owners believe there is an opportunity to increase tuition pricing without affecting demand much. Third, a new owner could start offering up-sell/ add-on services for additional fees or recurring revenue (tutoring, special lunches, home drop-off, etc). And fourth, a new owner could start engaging in additional marketing activities.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
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