Discovery Point Blog
How You Can Profit From Owning A Daycare Business
Are you looking to run a business that is essential at all times, even those that are particularly challenging for other industries? Now is the perfect time to build a better future for yourself and for your community. Investing in a daycare business can allow you to reap a number of rewards, from the satisfaction of seeing young learners thrive to substantial profits and the accumulation of long-term equity.
For over three decades, and with nearly 50 child care centers in the southeastern United States, Discovery Point has established solid business processes and support systems that help our franchisees run successful daycare businesses. We are proud to support our franchisees in achieving their financial goals while pursuing their personal ambitions and nurturing their passion for helping families in their local community.
If you’re looking for a profitable business opportunity with heart, owning a daycare business with Discovery Point offers an exciting path to success.
Discover the Profitability of A Daycare Business
It’s no question that the potential for profits in the child care industry is on the rise. According to CareerExplorer, the childcare worker job market is projected to increase by nearly 7% in the decade between 2016 and 2026. Taking part in this dynamic industry can enable you to tap into this growth in exciting ways.
Grand View Research valued the daycare industry in the United States at $54.3 billion in 2019 and forecasted a 3.9% compounded annual growth rate through 2027. Thanks to the rapidly expanding market, a well-run daycare center that meets the needs of its local community can turn a significant profit.
Of course, future trajectories aren’t the only thing to consider when you’re thinking about joining a certain industry. Past numbers should also verify the security and profitability of the business type.
While the child care industry is currently thriving, it also has long enjoyed a history of profitability. Forbes has even highlighted data showing that child care businesses grew their sales by 6-7% on average between 2008 and 2012, during a recession in which many other types of companies experienced a significant decline.
Furthermore, demographics show that the growth of the daycare industry isn’t a fluke. Simply put, many households have and will continue to have working parents. According to the Bureau of Labor Statistics, the majority of households in 2020 containing children with married parents included two employed adults. This statistic can be expected to increase in the aftermath of the pandemic.
What Makes A Daycare Businesses A Unique Investment?
A daycare business is a particularly unique investment not only because of its profitability and recession resistance. When you invest in the child care industry, you are also investing in the future of young learners, as well as their parents. Running a child care center equates to helping shape a child’s life and being there for them during some of their most important developmental stages.
Here at Discovery Point, we know early education can help give children a solid start in a lifelong love of learning. That’s why we have built our child care franchise around the importance of education, especially learning through play. We give our franchisees the resources they need to create an interactive environment where children feel nurtured and supported while learning new skills and overcoming new challenges.
In addition to investing in the future of children in your community by opening a Discovery Point center, you can also invest in your own future financial stability. One aspect of our franchise packages that offers a unique investment opportunity for entrepreneurs is the chance to own the center’s building and the surrounding land. This provides enhanced investment security for new business owners and the accumulation of equity over the long term.
Would you like to learn more about investing in a Discovery Point child care center? We can fill you in on our exciting daycare business opportunities. Give our franchising team a call today at 770-623-1140 to take the first step towards a meaningful and profitable business venture.