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The Learning Academy, located at 1600 W. Upshur Ave. Gladewater, TX was constructed in 1996 specifically as a preschool/daycare center. It spans over 4,000 sq. ft. and features a kitchen, 6 separate classroom areas, 5 bathrooms with 6 toilets and sinks, two offices, and an entry area. The center is licensed to accommodate up to 85 children. Situated along Hwy. 80 frontage, the property extends from Avalon St. to Mustang Ave. It boasts 3 fenced playground areas, including 1 tailored for toddlers with a deck and astro-turf areas completed in Fall 2023. The larger playground area offers multiple structures, ample space for activities, a mixture of grass and concrete, a sand pit, and 2 recently installed shade structures at a cost of $38,000. Additionally, there is a third fenced area currently utilized as a garden for the pre-k class. All classrooms come fully furnished for functionality. Major renovations were undertaken in 2014, including a new roof, all-new windows, and a new front door. The center employs approximately 12 staff members, some of whom have served for 7-10 years, with one staff member since the center's inception in 1996. The Owner/Director oversees operations and plans to retire in early 2025, willing to assist new owners during the transition period. The center recently attained the Texas Rising Star 4 Star Designation, reflecting its commitment to excellence in childcare. Financial details, including salaries, payroll, and enrollment figures, are available to serious buyers upon request. The asking price for the entire business, including the building, furniture, fixtures, and business name, is $625,000, supported by an evaluation from the Small Business Development Center in Longview TX. |
