yourbizidea

Scorecard · Seattle, WA

Licensed home daycare

58/100

How much does it cost to start a home daycare in Seattle? $12,000–$34,000 in Seattle, WA, on the figures below.

Profit
B
Seattle family childcare charges $1,500–$2,300 a month per child. Eight children at $1,800 is $14,400 a month, and Washington allows up to 12 with a second qualified adult.
Difficulty
D
Washington DCYF family home licence: 30 hours of training, first aid and CPR, background checks, a home inspection, fire and health sign-off. Four to nine months before the first child arrives.
Capital
C$12,000–$34,000
Home modifications for fire and safety $4,000–$14,000, cribs, gates and outdoor equipment $3,500–$9,000, licensing and training $1,500, insurance $2,000 a year.

Break-even

The number that has to be true
4 children at $1,800 a month
Fixed costs a month
$6,800
The assumption
A home that passes the DCYF inspection without structural work.

Opening for less

All three together take $17,500 off: $34,000 becomes $16,500.

  • License for 6 children first, adding the second adult only when full

    −$9,000

    Costs you: The revenue ceiling is $10,800 a month until you re-license

  • Buy cribs, gates and outdoor equipment secondhand where regulations allow it

    −$3,000

    Costs you: Some items cannot be used secondhand, and the inspector decides

  • Start with school-age before and after care, which has lighter ratios

    −$5,500

    Costs you: Six earning hours a day instead of ten, and the summer is a different business

How you’d do it

What you need

  • Washington DCYF family home childcare licence and 30 hours of training
  • First aid, CPR, and a background check for every adult in the house
  • A home that can pass fire and health inspection, with a fenced outdoor space
  • Childcare liability insurance, roughly $2,000 a year

First 3 moves

  1. 1Read the DCYF family home checklist and walk your own house against it, room by room.
  2. 2Ask three Seattle home daycares what they charge and whether they have a waitlist.
  3. 3Start the licence application before spending on equipment.

The hardest part

The licence. Nine months of compliance before a single dollar arrives, in your own home.

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