Childcare

Childcare is arguably the most sought after business sector in the market in recent years and with the projection over the next 5 years of a growing population it  will continue to drive demand in this sector with further growth a near certainty . The number of children using formal day care continues to increase, along with wait lists at many centres, particularly those located in inner urban areas.

When comparing periods 2001-2006 and 2006-2011, the addition of children to the population aged between 0 -14 years was 42,000 and 230,000 respectively – this is a difference of 448%. As at June 2015, this accounts for 18.9% of the Australian population and according to the Department of Training and Education 30.8% use formal government approved childcare services.The growth in children aged 0-14 is also largely underpinning future demand of the sector with another approximately 500,000 children between 0-5 years estimated to be added to the population over the next 15 years.. The ABS and Australian Treasury have projected population growth of children 0-14 years at 5.3 million by 2024-25 representing an annual growth rate of 1.8% from 2014-15, when the population of this age group was 4.5 million.

Source :Colliers : Child Care White Paper

 

Growth of Victorian Childcare Centres

VICTORIA

JUNE 2010 MARCH 2015 %CHANGE

ANNUALGROWTH

Long Day Care

1,125 1,249 11.0%

2.3%

Family Day Care

103 333 223.3%

47%

Occasional Day Care

19 52 173.3%

36.6%

Outside School Hours Care

1957 2307 17.9%

3.8%

Total

3204 3941 23%

4.8%

Source: Department of Education and Training

Therefore it comes as no surprise that when a Childcare business is put to market the inquiry rate is high and ROI for the Vendor strong , with so many centres tightly held by large groups and listed companies and strict legislation surrounding the opening and operation , the barrier to entry is high.

Beyond Business Sales is proud to be the exclusive partner of Kool Kidz www.koolkidzchildcare.com.au. Having successfully sold multiple existing centres and new Greenfield locations for Early Learning and Education Centres  in Melbournes CBD and surrounding suburbs.  Beyond Business Sales fully understands childcare businesses, permits , licencing , regulatory requirements and what is needed to successfully own and transfer  centres.

If you are considering selling  your centre or looking to buy in this space .Contact  Beyond Business Sales Director, Catherine Kimpton for a confidential non obligation discussion .

When you are considering  selling your childcare business you don’t just want someone who can sell , you need someone who understands.

P: 0410 131 486

E: catherine@beyondbusinesssales.com.au