MergerPlace

Established Katy Area Child Care Center

Texas (Harris)


  • Asking Price: $299,000
  • Gross Income: $510,296
  • Cash Flow: $75,286
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #198418
  • Established: 2008
  • Employees: 10 FT/2 PT

Business Description

This site has been a Child Care Center for 9 years. The current owner purchased the Center in 2010. The Center runs a normal enrollment of 85-90 children with a licensed capacity of 160. A professional Director administers the daily operation while the absentee owner provides strategic oversight. Cash flow has been consistently strong.


Business Details

Primary Business Category: Services - Educational
Location: Texas
County: Harris

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT/2 PT

Financial Information

Asking Price: $299,000
Gross Revenue: $510,296
Cash Flow: $75,286
Seller Financing Available: No

Property Information

Facilities:

The Center site is a 8000+ square foot facility. The lease includes taxes, insurance and common area maintenance and matures in 2018.

Growth & expansion opportunities:

The Center now operates at 57% capacity providing significant increase revenue opportunities with higher occupancy.

Competition:

Katy Texas is a growing, dynamic market with competitive Centers providing services for Child Care. Six Elementary Schools feed this and competitive Centers in the market.

Reason for selling:

The current owner has taken a corporate position which requires that he travel and be away from the Center. This does not allow him to spend the time required to properly oversee the Center.

Support & Training:

Will train for 2 weeks @ no cost. The Center maintains a Full Permit for Child Care Services issued by the Department of Family and Protective Services and provides a full array of Child Care from infants to after-school care.

Contact Business Seller

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Business Listed By:

Randall Dempsey

Murphy Business Brokers