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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Franchise Day Care/Owner Financing
(Educational, Day Care)
Fort Bend County , TX
Listed Price: $ 295,000
Listing ID: DYCR564

Listing DetailsGross Revenue: $ 825,000
FFE: $ 300,000 (Included in Price)
Inventory: $ 1,500 (Included in Price)
Franchise Info: This business is an established franchise
Reason for Sale:

The sale is due to the owner recent absenteeism.


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.


OperationsYear Established: 2017
Days & Hours of Operation: Mon.-Fri. 6:30am-6:30pm
Non-owner Payroll: $ 15,000
Employees: 9
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 30000
Monthly Rent: $ 20,500
Square Footage: 10000
Facilities:

This business opportunity is in South Eastern Texas, Fort Bend County, consists 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.


SummaryBusiness Description:

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 center is approved for 145 children with a present enrolment of approximately 42 full and part time children which is consistently expanding. The buildout 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. Regarding payroll and staffing, this industry in addition 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 11/24/2030, 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 business fixed assets has an estimated value of approximately $300,000 which is specifically based on equipment and licensing replacement cost. This successful franchise day care center operation is active five days per week, with hours from 6:30 am to 6:30 pm. The center is new, and the 2018 projected yearly gross income is estimated at $825,000 and an increasing yearly net income based on an onsite owner operator and prior to any business debt service. 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. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.


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.


Potential Growth:

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.


Financing/Terms:

Can be available to a qualified buyer.