Transworld Business Advisors of Houston is active in all industries, from services to manufacturing. Child care, including day cares and learning centers, is a business industry in which many have sought to purchase or sell.
Child care is a hugely important part of American life and a key contributor to the economy. According to First Research, the US child care services industry includes about 54,000 commercial facilities and is currently worth $21 billion. The growth in this industry can be attributed to an increase in the number of working parents and the desire to provide young children with educational opportunities. According to the US Census Bureau, 25% of children are cared for in organized facilities including preschoolers (ages 0-4) and grade schoolers (ages 5-14).
The US Bureau of Labor Statistics recently projected that day care businesses will experience some of the fastest employment growth of all industries through 2020. Demand is driven primarily by growth in the youth population, and secondarily by employment and income. Recognition of the importance of early education is also driving demand for high-quality care. The profitability of individual child care facilities depends on good marketing, reputation, and efficient operations, as well as how saturated the local market is.
Steps to Take When Looking to Sell a Daycare Facility
Transworld Business Advisors of Houston will help you understand the steps involved in the selling process of a child care business. These include having a good understanding of why you’re selling, the timing of your sale, your business valuation, what financial statements are required, the process of finding a qualified buyer, and how you plan to sell your business.
To meet these requirements and properly understand the value of what you are selling, you will need to have a business valuation conducted for your business. If you are looking to sell a Houston-based business, learn more about what Transworld can do for you here.
Transworld Business Advisors of Houston has been involved in the buying and selling of some profitable day care centers located in the most desirable neighborhoods in Harris County including West Houston, Katy, North Houston, Southeast Houston, Woodlands, and Magnolia. Learn more about businesses that are currently for sale here.
Expert broker Carmen Saad Hanna enjoys working with the daycare industry and has worked with a number of child care and day care owners. These types of businesses are very much in demand and attract a lot of buyer attention. Child care providers say no other business can match theirs for personal satisfaction and emotional rewards. Using her extensive experience in the industry, Carmen can estimate a market price for a day care fairly quickly, by looking at the size and condition of the facility as well as the enrollment versus capacity of the day care.
Professional Spotlight: Carmen Saad Hanna
Ms. Carmen Saad Hanna, Senior Business Advisor at Transworld Houston, has over 20 years of experience in international business and finance. She has held executive leadership positions in corporate finance, venture capital, and non-profit management, and has been an advisor and mentor to entrepreneurial ventures in the US and emerging markets.
As a former investment banker, Carmen has extensive experience in buying and selling businesses and has executed several transactions including mergers and acquisitions, initial public offerings, and private equity placements. She is well versed in valuation techniques to determine the best entry and exit price for an investment.
Carmen holds an MBA in management from Imperial College Business School, London, UK, where she specialized in corporate finance and customer-focused strategy. She is a member of the International Business Brokers Association (IBBA) and recently earned her Certified Business Intermediary (CBI) designation. She also holds a Real Estate License in Texas.