Business Overview:
This is a successful full-service child day care and development center with two adjacent locations to accommodate a wider range of ages. The deceased owner had over 20 years in the childcare industry and worked tirelessly to the development of a pre-school center, which operated under the philosophy that children need to be treated with warmth and respect and surrounded each child with experiences that fostered physical, social, academic, emotional and cognitive growth.
The heirs have worked with family and other staff members to keep the business running successfully. Director and staff members wish to remain in place.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets=$97,966.
Market Competition and Expansion:
The childcare industry remains essentially a mom-and-pop business ringing up annual sales estimated to be between $10 billion and $35 billion. Although the national chains grew 200% during the 80’s, they still accounted for only 5% of the childcare centers operating nationwide. Several being non-profit childcare centers or licensed as a family daycare, which operates within the provider’s home.
40 to 44, they saw an 8% increase in the number of babies born. Older women are more likely to earn more and spend more on their children.
One factor that could have an impact both positively and/or negatively is the decreasing size of American families. There will be fewer children born to each family, but the overall rate, as stated above, is expected to remain relatively consistent. The good news to the childcare industry is that the shift to later child bearing and smaller families provides a greater number of households with two incomes. These families with two incomes will have more disposable income to spend on their children and the mother will be more inclined to continue to work after the children are born.
Reason for Selling:
Owner is deceased, heirs have other interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.