Christian-Based Childcare Center in South Houston W/Real Estate For Sale

Listing: # 8279
Price: $ 775,000
Location: South Houston
Listing Profile
Classification: |
Child Care Center / School |
Purchase Price: | $775,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $775,000 |
Down Payment Required: | $775,000 |
Gross Revenue: | $296,769 |
Discretionary Earnings: | $849 |
Imputed Rent: | $40,000 |
Total Cash Flow: | $40,489 |
Description and Operations
Established Date: | 1994 |
Monthly Rent: | $0 |
Reason for Sale: | Owner are divesting to focus on other business opportunities. |
Employees(Full): | 5 |
Employees(P/T): | 4 |
Reason for Sale:
Owner are divesting to focus on other business opportunities.
Description:
This is a fantastic location for this Christian based daycare facility! It is situated in a stand-alone building (real estate included in sale) on a very busy road in a popular south Houston suburb. Additional land to expand is also included! Licensed for 97 children 6 weeks to 13 years with 48 currently enrolled, NCI/Workforce and Food program are both offered. 3 buses that pickup and drop off at 9 local elementary schools (and one other school picks up and drops off at their location) are included in sales price. They use Procare to run daycare and tenured staff use Abeka curriculum to teach the children. They have a wait list of children to enroll. Owner/Director is ready to retire.