How Much Does it Cost to Start an Adult Day Care Center? | Adult Day Care Entrepreneur

Описание: If you are thinking about opening your own adult day care center then you need to know what your startup costs are going to be.

How do you figure out how much it will cost though? The easiest way to start is by determining if you are going to lease or own.

Once you determine if you are leasing or owning, then you can figure out how much it will cost to open the space you choose.

If you are looking at opening your own adult day care there are 3 different sizes that you can use as a guide to determine roughly how much it will cost to start your business.

Stage 1: 4,000 square feet
This will roughly cost you anywhere from $150,000 to $300,000 depending on the size and age of the building, licensing, staffing, furniture, fixtures, etc.

Stage 2: 6,000 - 8,000 square feet
This will roughly cost you anywhere from $300,000 to $600,000 depending on the size and age of the building, licensing, staffing, furniture, fixtures, etc.

Stage 3: 8,000 - 12,000 square feet
This will roughly cost you anywhere from $600,000 to $1,200,000 depending on the size and age of the building, licensing, staffing, furniture, fixtures, etc.

Your largest cost for starting an adult day care will be construction.

*** A helpful tip to consider is to ask your landlord if they would be willing to offer rent abatement or are willing to contribute tenant improvments to help cover construction costs.

Another important initial startup cost is furniture and fixtures. This will help bring your business to life and act as a visual way to identify your businesses "personality"

Permitting and Licensing delays can be an overlooked aspect of startup costs. Waiting on your permits and licensing to be approved can push back your projected opening date, which could lead to lost revenue that you might depend on when first opening.

Take the precaution to include this in your initial startup costs to avoid this from happening.

Your marketing efforts should also be included when creating your initial startup costs.

You want people to show up on your grand opening, but how will they know you exist if you don't market your business?!

#seniorcare #adultdaycare #startup
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