Patchwork Schoolhouse

5.0★★★★★(5 reviews)

318 Salmon Brook St, Granby, CT 06035

Granby, Connecticut, United States

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About

The Patchwork Schoolhouse is dedicated to providing a safe and loving environment for children while their families pursue their careers and interests. They offer high-quality care and education, daily communication with staff, and opportunities for children to develop a sense of self, physical strength, good health habits, and an appreciation for diversity. The school's curriculum is based on the interests of the children and aims to accommodate all learning intelligences for academic success. The school values empathy, tolerance, and respect for all peoples and believes that every child is a unique and important piece of society.

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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)

~$477.9K2019
~$588.9K2020
~$624.2K2021
~$678.0K2022
~$785.0K2023
~$849.4K2024
Modeled from official industry statistics+12.2%/yr since 201980% confidence band: ±51%

Company profile

Incorporated2003 (CT)
Employees (reported band)8-17
Observed

Property

Lot size1.07 acres
ZoningCC
CountyCapitol_planning_region
Parcel ownerPICARD FAMILY LIMITED PARTNERSHIP & C/O PATCHWORK SCHOOL
Assessed value$147.4K
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$54.6K · 6 jobs reported · implies ~$261.9K annual payroll · $55.4K forgiven
Second PPP loan (2021)$52.7K · 11 jobs reported · $53.2K 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★1.6×
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)18~$57.4M~$3.2M~$836.1K214~$19.0M1.0×
Human health and social work activities3~$2.9M~$973.8K20

1 km area (all businesses): median from the 17 of 18 businesses with estimates

Estimate

Area conditions (06035)

Population7,810 ±533
Median household income$106,341 ±$18,000
Median home value$312,400
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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