Oct 23, 2019 — This outstanding day care in Cleveland’s Western Suburbs has a capacity to 165, but averages 108 enrolled children per month. The business has a few Title XX families, but the revenue is primarily private pay.
The center employs 19 employees, with a Director and an Assistant Director in place. The husband and wife owners are not active in the daily business, working a combined average of 10 hours per week on decision making and back office support.
While this center has some direct local competition, its prices are lower and has a higher Step Up to Quality rating. The current owner believes pricing could be increased by 15% and still be well positioned against competition.
The owners of this busienss are looking to sell the business to relocate for a new business opportunity on the west coast.
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