Small wonders | Application Preview
Small Wonders is applying for government grants to secure funding for the purchase of a turnkey childcare center aimed at expanding support for the community. The funding will primarily assist with the 10% down payment on a center priced at $275,000, along with covering additional fees and closing costs.
The business plan focuses on enhancing the current operations to address developmental and behavioral health needs, ultimately saving revenue for future expansions. The owner, motivated as a mother with firsthand experience in seeking therapy-based childcare for her child, recognizes a significant lack of options available to parents in the community.
In terms of competition, while there are many standard childcare providers, there is a notable shortage of available spots and long waiting lists in the area. Specifically for therapy-based childcare, there is only one similar center in the entire upstate region, indicating a substantial demand with minimal competition.
To gain a competitive edge, the plan includes modernizing the current center to align with the tech-savvy expectations of today’s society. This initiative reflects a deep commitment to fostering a supportive environment for both children and their parents.
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General Information
Business Registration Number: 00000000000
Location: Piedmont, SC, United States
Length of Operation: 4
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I am looking to purchase a turnkey childcare center to expand and help my community. I am working with SBA lending, however I am Needing assistance with the 10% down payment. Asking price for business is 275,000, however I am planning for additional fees and closing costs.
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Business Plan
I would like to implement changes to This current business and save money from revenue to expand with an emphasis on developmental and behavioral health needs To help parents in the community. I am passion driven in this project. As a mom That has a child that struggles with behavioral needs, there are not many options out there for therapy based childcare centers and I want to use this turnkey business to start the stepping stone for further support in the community for parents like me.
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Self Identified Competition
There are several Competitors in standard childcare, however there is a nationwide shortage on childcare with average waiting lists in our area from 8months-2years. As far as the therapy based center there is only one center in the entire upstate that provides a similar service so the demand is huge with very low competition I would like to update the current center to appeal to the technology driven society.
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Contact Applicant
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