Childcare Franchise in Brooklyn
Off-MarketNew York City, NY
Childcare Franchise In Brooklyn
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$2,000,000
$350,000
17.5%
2023
Past 24h
Customers
The facility serves children from six weeks to five years old with a current enrollment of 75-80 kids out of 120 total capacity. Most tuition (90%) comes from government vouchers at approximately $2,000 per child, with the government paying at month's end. Remaining 10% consists of privately paying families who pay at the beginning of the month.
Customer Acquisition
Marketing costs approximately $3,000 per month during busy seasons (September, January, April) using franchise-approved vendors.
Team
Staff fluctuates between 17-20 employees, including some part-time positions. A certified director is employed to run the daily operations of the facility. Average monthly payroll ranges from $45,000 to $50,000, with August payroll dropping to $42,000-$43,000 due to summer vacations.
Owner's Role
Owner is mostly absentee, and goes into the childcare center about once per week to meet with parents and handle administration duties.
Reason for Selling
The owner has young children he's looking to spend more time with, and lives about 2 hours away from the facility.
Contracts
No contracts, but families must provide 2-4 weeks notice before unenrolling their child.
Real Estate
Facility is leased at approximately $47k/mo.
When Are You Looking to Sell
6-12 months
Licenses Required
Operates under a standard childcare license from the New York City Department of Health.
Additional Notes
Franchise fees total 9% of gross revenue.
Business ID: 2018
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