In June 1999, Daymar College outgrew its old building and moved into a free-standing, one-story structure.

Located on 6.4 acres (26,000 m2) of land in the Heritage Park Development of Owensboro, Kentucky, the facility comprises 17,000 square feet (1,600 m2) of space.

[3] Originally called Draughons Practical Business College, changing its name in 2010 to Daymar Institute and finally to Daymar College in 2015, was founded in 1879 by Professor John F. Draughon of Adams, Tennessee.

The school prospered, and by the time of Draughon's death in 1921, it was a chain of business colleges stretching across the south and western parts of the United States.

In 2011, Kentucky Attorney General Jack Conway filed suit in Daviess County against the former owners and operators of Daymar College, charging that the college violated Kentucky's Consumer Protection Act.

[1] In 2017, Daymar College defaulted on their lease for classroom and office space with a Kentucky landlord at their Bellevue campus location.

They have failed to pay rent and electric costs despite remaining in the space until abandoning it, leaving behind sensitive student information, financial documents, and medical equipment such as syringes and needles.