FAQ

Childcare Sales Australia is required under law to have a signed agency agreement prior to marketing a property.

Yes. All potential buyers are required to agree to a confidentiality agreement in order to view any confidential information. This includes information that may lead to the identity of the listed childcare centre. After submitting the agreement, the potential buyer will be able to access confidential information.

We understand that, for the sake of staff and parents, information must remain confidential.

In order to own a childcare business you must be an Approved Provider, the process of applying to become an Approved Provider must be done through the ACECQA website and will take a minimum to 60 days from the date all information is submitted.

It is a good idea to start the process of applying BEFORE you start looking for a childcare centre as some sellers will only deal with parties that already hold Provider Approval. This is due to the amount of time it can take with the approval process. You can find more information on the ACECQA website and you can also view this article on What licenses and approvals do you need.

Due diligence is the contract term used for the process where your financial and legal advisors can investigate detailed, financial and business records.

An average childcare settlement period is 90 days. Usually, 14-30 days is allowed for due diligence and finance, with the following 60 days for service approval transfer and other matters.

Visiting the ACECQA website is essential. It is an invaluable source of information with all the regulations, laws and much more.

Also, visit our blog posts which cover many relevant childcare topics of interest. Register your details to receive advice on any new opportunities released to the market.