Pair Of Large Capacity Daycares

Business Overview:

Pair of Large Capacity Daycares in Houston Metro + RE Avail

Available for immediate consideration is a pair of top rated, leading early learning schools located in the Houston Metro area. Originally established in 2009, these reputable daycares have been a staple in the community offering local school district supported learning curriculum, including STEAM based and hands on learning created to prepare students to excel in kindergarten and beyond.

Acquired by existing ownership in 2019, these centers are running primarily absentee with limited ownership interference. Owners are investors and operate other businesses outside Houston and the state. Both locations are overseen by a regional manager, and each has a Director and Assistant Director on site that manages the day to day. While this has proven to be very successful, owners feel that more hands-on participation will enable the schools to maximize capacity, which is a combined number of 385 enrolled students. Current enrollment is approximately 250-270.

Despite acquiring prior to COVID and the challenges that resulted, combined revenue in 2023 was right at $2.9M and is on track to be consistent in 2024. Summer enrollment was a little light for one location due to a change in leadership, but is rebounding. Combined average enrollment is approx. 70%, and with a little more owner involvement revenues could be maximized accordingly, with the majority resulting in an increased bottom line. Considerable grant monies were received during COVID period, and even with removing those, SDE ranges from 14-21% and EBITDA 11-16%.

One location operates under a third-party lease, while the other location is owned real estate, and available as part of the sale, for an additional $3.7M.

Business Price $1,600,000 plus CRE $3,700,000 = $5,300,000 Package. Seller willing to assign existing owned property lease to buyer if real estate not preferred.

SBA Prequalified!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Real Estate Asking Price: $3,700,000.00

Monthly Rent: $27,200.00
Square Units (Foot, Meter): 11,000
Lease Expiration Date: April 29, 2034, 10:00:00 PM
Terms Options: Additional terms available

Facilities:One facility owned, available for $3.7m. Second location, free standing as well. Both had a complete refresh in 2021-2022 and no capex improvements are required.

FF&E Overview: Modernized and refreshed in 2021/22

FF&E General Condition: Excellent

Market Competition and Expansion:

Expansion: 

o Optimize go to market strategy
o Make GoogleAds and other digital marketing campaigns more efficient
o Works with local employers to offer daycare services to the employees as a preferred location
o Owner operator involvement to maximize enrollment

Reason for Selling:

Additional Details:

Relevant Links:

• View more Texas businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker