706 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Franchise Day Care Center For Sale

80/wk
Fort Bend County, Texas, United States
Photos Website Map
Asking Price$450,000
Revenue$825,000 Established2015
Cash Flow$85,000 Employees9 full-time
FF&E$300,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Best of the best recently built ultra-modern franchise Pre School & Day Care center in a wonderful affluent area of Southern Texas. This franchise is one of the most successful Pre School franchisees in the industry and offers a rewarding investment and solid opportunity. For thirty years, the franchise has been positively impacting the lives of children by developing and implementing ground-breaking care and early education programs throughout the country. Starting in 1980 with a single location the unique and proprietary programs that the franchise developed quickly caught on and expansion soon followed. The foundation was built on three key educational and care principles: cognitive, physical, and social. This six-month-old / new center is approved for 145 children with a present enrolment of approximately 42 full and part time children which is consistently expanding month. The build out and approval cost to open a new TLE franchise day care center is approximately $350,000 and not unlike any new company, requires approximately eighteen months of marketing, at additional cost in order to reach a positive cash flow. A new owner can act as an investor or on-site ownership and with $250,000 down payment can usually obtain their initial investment back in two to four years. For Qualifications purposes, this industry does not require government licensing approval to purchase or operate however franchise approval and transfer fee is required. Regarding payroll and staffing, this industry in additional to a director or manager has an hourly payroll to all the various employees. This day care center presently has nine full / part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $15,000. This business opportunity has an assignable commercial lease which expires 2029-01-01, plus additional options, with a monthly rent of $20,500, cost per square foot is estimated at $23.43, and rent security of approximately $30,000. The day care center is at a free stranding commercial facility, on an active county road, consists of approximately 10,000 square feet and has an estimated capacity for one hundred and forty-five children. The business fixed assets has an estimated value of approximately $300,000 which is specifically based on equipment and licensing replacement cost. This transaction consists of a fully equipped day care, preschool center, which includes, required licenses, web site, social media venues, displays, shelving, POS system, tables, outdoor play equipment, kitchen, franchise approval, children bathrooms, computers, curriculum, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. This successful franchise day care center operation is active five days per week, with hours from 6:30 am to 6:30 pm. The sale includes all required documentation including a certificate of occupancy from the local municipality and the required state licenses to conduct its day to day business. The 2018 projected yearly gross income is estimated at $825,000 and yearly net income of approximately $85,000 based on an onsite owner operator and prior to any business debt service. This business opportunity has been valued / priced at $450,000 which is based on the existing yearly income and includes the value of the specific business assets. Also, bank financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. A new owner is free to act as an investor or onsite operator. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. A new owner is free to act as an investor or onsite operator.
Facilities:This business opportunity is in South Eastern Texas, Fort Bend County, consist of 10,000 square feet, a 5,000 square foot outdoor play area and has a children capacity of 145 children. The business consists of a free-standing structure on an active county road for parent convenience. This outstanding business opportunity is in an affluent community of Texas, which consists of various highly populated communities with continued demand for this personal service.
Competition:Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:The business is six months new and requires time to further develop, presently has a limited marketing plan, no local advertising, non-optimized web site and if improved can further develop the business yearly gross sales.
Training/Support:The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller will supply additional training at a fair cost to the purchaser.
Seller Financing:May be available to a qualified buyer with an appropriate down payment.
Sale Reason:Owner is absentee due to personal family responsibilities.
Ad #102325
Seller Reference #DYCR539
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
Name
Email Address
Message