Childcare Centre Business or Business and Building?
You will need to decide, subject to the availability of funds of course, whether you are in the market to buy a childcare business and pay rent to a landlord each month, or to buy both the building and childcare business which will result in a lower return but you will have the comfort of also being the building owner. If you own the business only, you are the Lessee and you pay rent to the Lessor or Landlord under the terms of a Lease. It is much easier to finance a childcare business and building than simply a business as the banks are nervous about a business only. The banks love to have a mortgage on bricks and mortar!
