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| Agent Profile |
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| Listing Profile |
| Childcare Center Inside Loop 610 in Houston Est. 15 Years - Absentee Owner |
| Listing #: 7483 |
| Houston - Inside Loop |
| Listing Details |
| Business Classification: |
Child Care Center / School |
| Business Purchase Price: |
$225,000 |
| Working Capital: |
$0 |
| Real Estate Price: |
$0 |
| Total Purchase Investment: |
$225,000 |
| Down Payment Required: |
$225,000 |
| Gross Revenue: |
$398,538 |
| Discretionary Earnings: |
$99,471 |
| Imputed Rent: |
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| Total Cash Flow: |
$0 |
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| Description and Operations |
Business Description:
Established in 1997, this 3950 SF well-run and reputable child care center is ideally located inside Loop 610 in Houston. The center is licensed for 97 children ages 16 mos to 12 years and currently has 76 happy enrollees. Drop-off and pick-up service provided to area schools. NCI is accepted. As the owner is absentee, a Director of 9 years is on staff and will stay for a period of time under new ownership, if required. Most other employees have been on staff for many years and have contributed to the comfortable atmosphere and stability of the business. Summer sessions are typically full because children return each year for more fun, cool field trips. Yummy breakfast, lunch and snacks are provided daily and all meals are cooked in-house by a licensed cook. The center features bright sunny rooms, a lovely shaded fenced play area, a security and monitoring system for each room. Tuition is paid weekly with 70% paid by ATM debit card or credit card and 30% by check. As the owner has never advertised, most business comes by word-of-mouth and a small portion through their new website.
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| Business Established Date: |
1997 |
| Reason for Sale: |
Retirement |
| Full Time Employees: |
7 |
| Part Time Employees: |
3 |
| Facility Type: |
3950SF facility in strip center |
| Monthly Rent: |
$4,858 |
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