Learning Studio

4.7★★★★★(51 reviews)

1 Thompson Pl, Derby, CT 06418

Derby, Connecticut, United States

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Business facts

Estimated annual revenue~$1.0M
Estimated employees~17
Annual payroll (2021)~$318.5K
In business since1991
Based on reported payroll data

Contacts

Registered Agent

Area statistics (06418)

Population11,966
Median household income$68,944
Source: US Census ACS

About

The Learning Studio offers child care services for children aged six weeks to ten years old, with operating hours from 6:45 a.m. to 6 p.m. Monday through Friday, and before and after school programs available. The developmental programs focus on reinforcing basic, social, emotional, educational, and motor skills to prepare students for future interactions. The Learning Studio aims to provide excellent child care, support social and emotional growth, and maintain a safe environment while upholding a strong reputation with parents and the community.

💳
Credit Cards
Yes
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Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Day Care Center.
ISIC Codes: 8890.

Market analysis

Earning above its category median in a growing category (Day Care Center).

EstimateCategory trend: 2024, +11.7%

Revenue trend (modeled)

~$567.8K2019
~$766.6K2020
~$793.2K2021
~$847.1K2022
~$954.4K2023
~$1.0M2024
Modeled from official industry statistics+12.7%/yr since 201980% confidence band: ±51%

Company profile

Incorporated1991 (CT)
Employees (reported band)8-17
Observed

Property

Lot size0.44 acres
ZoningCDD
CountyNaugatuck_valley_planning_region
Parcel ownerNEVER ENDING STORY LLC
Assessed value$425.5K
Last sale$300.0K (11/3/2011 12:00:00 AM)
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$66.4K · 18 jobs reported · implies ~$318.5K annual payroll · $67.1K forgiven
Second PPP loan (2021)$66.4K · 16 jobs reported · $66.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Day Care Center in Connecticut1,160~$1.0B~$887.9K~$518.4K4.9★2.0×
Category revenue trend2024: +11.7%2023: +10.7%2022: +12.0%2021: +7.9%Modeled from business-level estimates
Chain pressure72 chains expanding in this category, led by Walmart Baby & Nursery Services, Dennis Goguen, Tu Tran (+989 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)246~$287.4M~$1.2M~$444.0K1,305~$106.1M2.3×
Human health and social work activities31~$56.8M~$1.8M332

1 km area (all businesses): median from the 190 of 246 businesses with estimates

Estimate

Area conditions (06418)

Population11,966 ±452
Median household income$68,944 ±$13,812
Median home value$223,000
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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