2 08, 2017

Greater Orlando Area Child Care Center for Sale

New listing:

This licensed child care and preschool for sale in the Orlando, Florida area has 100+ capacity, is fully occupied and accredited with a great center director and management.  Financing is pre-arranged and the center is well staffed and in great condition. This property will not last, so call us today, (561) 575-9700.

18 06, 2015

Tips for Buying a Preschool

If you are considering buying a preschool in Florida, here are a few tips that can help you through the process.  Buying a preschool or childcare center is a great investment, but as with buying any business, there are a few steps that can help make sure the process is successful.

1 Start with a reputable broker — Using a business broker, ideally one with significant experience in the childcare industry, is a smart move.  A broker will be focused on making the transaction a win-win for all involved and will have access to childcare businesses for sale that may not be public knowledge.

2 Be open minded — Many prospective business owners have preconceived idea of exactly what they want. However, local market conditions or unique opportunities may mean there isn’t an exact match between preschool businesses for sale and what you want to buy or own.  If you can stay flexible and open to new ideas, you will be surprised at how many more options are available.

3 Know the license requirements — Childcare businesses and education facilities have specialized license and certification requirements that are different from other business-to-consumer industries.  Particularly in Florida, it’s important to learn about the regulations, or work with a broker or service (like Kids Depot Realty) that can help you through the process.  A great purchase price can become a nightmare if you have to spend the next year with the doors closed while you get the correct licenses.

4 Empty seats matter — Empty seats are excess inventory and are not necessarily bad things when you are buying a business.  While a full center with a waiting list is ideal for cashflow and business growth, empty seats are opportunities for new owners to grow the business and often a new approach creates new energy among employees and parents.  A change in business ownership can be positioned as a very positive step and lets a new owner quickly tap into the center’s potential.

5 Its’ not just about the numbers — Staff expertise and longevity, curriculum, brand awareness and other intangibles are important not only in considering the purchase price, but also in evaluating the ownership transition and operations.  Try not to focus just on the sale price — think also about the management team, marketing and sales potential, and time required for operations. This is another area where an experienced child care center broker can identify hidden costs and opportunities based on years of work in the preschool arena.

If you are considering buying or opening a childcare center in Florida, be sure to call the preschool experts at Kids Depot Realty, (561) 575-9700. We will be happy to talk with you about your goals, your industry experience, our expert network, and our current listings of preschools for sale, most of which are not listed publicly.  Contact us today for a no-obligation conversation.

14 05, 2015

Is Owning a Daycare Center a Good Business for Military Veterans?

It may surprise you to learn that owning a daycare or childcare center is a great business for military veterans, either leaving the service or retiring after a 20+ year career.  The reason is simple — operating a successful preschool business is rooted in processes and procedures.

27 04, 2015

What is the Difference Between Owning a Franchise and an Independent Daycare Center?

Like many businesses and industries, childcare centers, preschools and early childhood education centers fall into two categories — franchises and independent owner businesses.  Both have advantages, and it’s important to understand the differences if you are considering buying a childcare center in Florida.

27 03, 2015

When is the Best Time to Buy a Daycare Center?

The best time to buy a daycare or childcare center is now.  That may seem gimmicky, but the reality is it’s absolutely true.  The child care market is in growth mode, and every month delaying buying your daycare center is a month of missed opportunities.

15 02, 2015

Quick Tip: Childcare Center Ownership

Here’s a quick tip and little known fact for owning a childcare center: you don’t need daycare or early childhood education experience to own a successful business.  While experience certainly helps with day-to-day operations, savvy investors and business owners know that you can hire experienced people to run the center.

What does matter is good business sense, and access to expert resources that can help, like the team at Kids Depot Realty and our network of childcare center professionals.  A daycare center is like any other business — you have an inventory that you sell (seats in classes) and overhead expenses.  The key to operating a successful childcare center is in viewing the center as a business, and setting key metrics and plans in place to reach goals.

Keeping retention rates high, and enrollment at capacity (ideally with a waiting list) are concepts that enable consistent results.  Yes, there are unique aspects of owning a childcare center (licensing, local codes, etc.), but with a good team of resources, you can own and operate a successful childcare center business.

Contact the experienced team at Kids Depot Realty today if you have questions, (561) 575-9700.