how’s the market performing? March, 2023.
So far in 2023, childcare sales within Australia is experiencing unprecedented demand, with a significant increase in buyer enquiry. This means that the options for selling have never been more attractive.
Top tier buyers, such as large corporations and/or private equity firms are actively looking for successful childcare businesses. These buyers have strong financial backing and are ready to acquire, making them excellent suiters for your centre.
In addition, there is a growing trend among existing childcare providers with 2-10 centres to increase the size of their group. These providers are seeking opportunities where they can take their experience/brand and improve a centres performance, making them a great buyer for centres that may be underperforming.
For vendors looking to sell their childcare centre, this is great news! The high demand and appetite for acquisitions mean that there are more potential buyers in the market, which has been leading to higher sale prices.
However, it’s important to note that while the market is currently strong, this can change over time. It’s essential for sellers to work with experienced specialised childcare brokers who have a deep understanding of the childcare industry and can help navigate the complexities of selling their service.
