I am curious on the thoughts of Searchfunder members on the opportunity to acquire preschools / daycare centers. The two schools, both over $750k ebitda, that I have inquired about were already under LOI within days of them popping up on Biz BuySell. I don't hear this opportunity talked about much, but from what I can tell it seems to check many of the boxes we are looking for. Recurring revenue, recession resistant, enduringly profitable, not a discretionary spend for parents, fragmented industry with only a few large players. Based on my experience of a parent of two children, one challenge I see in scaling is the employees you need to make these successful. A good operator and teaching staff can absolutely make or break these centers.

Very interested in the thoughts of this community. Thanks!!