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Businesses For Sale

Stunning Childcare in NW Houston w/RE - SBA Financing Available For Sale

Listing Agent:


Marcia Bowron

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Available

Listing: # 8250

Price: $ 300,000

Location: Houston

Listing Profile

Classification:

Child Care Center / School

Purchase Price: $300,000
Real Estate Price: $2,200,000
Working Capital: $0
Total Investment: $2,500,000
Down Payment Required: $375,000
Gross Revenue: $738,717
Discretionary Earnings: $182,024
Imputed Rent: $69,114
Total Cash Flow: $251,137

Description and Operations


Established Date: 2000
Monthly Rent: $0
Reason for Sale: Retirement
Employees(Full): 11
Employees(P/T): 4

Reason for Sale:
Retirement


Description:
One of the most stunning daycare centers around with a huge, beautiful playground is now available for acquisition! Stand-alone building/real estate sold with business! Located on NW side of Houston with easy access to major freeways. Originally established in the year 2000 to provide unique and innovative programs that foster the physical, emotional social and intellectual growth of children from six weeks to five years of age, and up to 12 years of age in the after-school program. The school has a unique and elegant architecture, which includes 7 age-appropriate rooms, full-service kitchen for preparing and serving meals, outdoor recreational area covering almost 1 acre with 3 fenced-in playground areas, porte-cochere for convenient child drop-off, and covered parking for teachers and visitors. There are 6 elementary schools within a 3-mile radius that are good sources to increase before-school and after-school enrollment. Licensed for 170, 85-90 are currently enrolled; 120 were enrolled pre-Covid. They offer NCI/Workforce Solutions Childcare Assistance along with the Federally Funded Food Program. They have the Texas Rising Star Certification. Director and Asst. Director on staff, as seller is mostly absentee. 2019 pre-Covid revenues were over $900K; increasing by $200K in 2 short years from purchase. 2020 should have been over $1mil, if not for Covid. 2021 is turning around and as summer and school year starts, enrollment should continue to increase.

Contact Marcia Bowron