This is a YouTube video titled "Mastering Daycare Acquisitions My Journey to Success" containing a multi-speaker conversation recorded in early 2025. Participants include Ryan, Elora, Dana, and Kyle Mallien, discussing experiences and strategies related to acquiring daycare centers, with Kyle playing a key role in mentoring and refining the acquisition process.
Ryan, this is Elora. We've been doing this for a little while. Kyle yelled at me and said if I don't come down to one of these things, we can't be friends anymore on Facebook. So I'll just give you the highlights of the most recent deal. It's a child care. Child care center. It's the second one that we have shade under a million dollars. A little over $200,000 worth of free cash flow after our tuition increase goes into effect. That's tomorrow. Had to happen, kids. That's it. I will say that I, you know, because I'm. I'm newer to the group. I'm. I just joined, so I haven't had a lot of experience with y', all, but I definitely. Kyle's gotten a bunch of Facebook messages from me about xyz. And I know he's just like, mute, mute. But, yeah, no, I'll say. I will say that I'm an OG acquisitionpreneur. I think I'm still even that group on Facebook, guys. So going through the process and learning from Kyle what I have, it's definitely made my process a lot more refined. I'm a lot more of a harder edged buyer now than I was. I'm not like, okay, it's good. Yeah, I'll buy your business. I'm a lot more meaner about it, but Kyle calls it grumpy. Yeah.
Dana and I are always like the old grumpy guys in the room. Like, you just got to be aggressive. Like, just give me the numbers. Right? Don't insult my intelligence. I didn't just get here yesterday.
Just my favorite word with these brokers is no. Yeah, and that's, you know, at this point, because now this is like the second daycare. Like, the. The brokers that we deal with are, like, thinking I'm this, like, foremost specialist on buying daycares. Like, oh, I got this one for sale. Will you come look at it? No, I don't. No, I don't like the numbers. But anyway, huge thanks to you, Kyle and I look forward to spending more time with y'. All. Right.