New childcare center from fast-growing franchise

Spring, TX

Seller Financing Available

Asking Price:$1,600,000
Rent:$27,402/Month
BUSINESS DESCRIPTION

Newly opened childcare center in a prime location ramping up

Brand new childcare center from one of the fastest growing childcare franchises in the USA. The center is licensed for 255 children (infants – before/after care). It boasts 11 classrooms, an indoor playground, 9 playground structures with shade, and several enrichment activity rooms (music, art, science, technology, library). Brand new Becker's FF&E, brand new security and camera system. The building is 15,000 square feet, with 7.5 years remaining on a below-market sublease.
The school opened in October and is on track to reach 100+ children within 12 months. Outstanding team of director, assistant director and teachers. Owner needs to relocate to Mexico for personal reasons and will not be able to continue operating.
Development costs (build-out, FF&E, etc.) for a childcare center of this franchise brand and of this size range between $2.5-2.75 million.
• Sale price – $1,600,000
• Sale type – Stock (company)
• EBITDA Potential – $700k+ (at 70% capacity)
• Ramp up on track to reach 100 enrollments within 10/12-months
• Real estate not included
• Below-market rate lease, sits on a 3.5-acre lot exclusive for the school (no other tenants)
• Seller financing possible


DETAILED INFORMATION
Location
Spring, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
15,400
Facilities
Newly renovated/built-out facility. FF&E, systems, equipment is all brand new. Building sits on 3.5-acre lot that is exclusive for the school. The playground has 9 playground structures.
Support & Training
Owner can provide 3 months of ongoing support (part-time) at no cost.
Reason for Selling
Need to relocate to Mexico due to personal reasons
Franchise
This business is an established franchise
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erik moral
erik moral