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Profit- making day care centers run into trouble
William Young bought two Mary Moppet's Day-Care franchises for 18000 each in Nebraska. Plans, surveys, and fire code compliance lagged, profits never appeared, and a costly dispute ended with a lease-back arrangement. Across the field, a wave of franchised centers faltered or folded amid mispricing, poor oversight, and regulatory pushback.
MENTIONED IN THIS ARTICLE
Joann S. Lublin
Dow Jones-Ottaway Service
William Young
Corad
Neb
Mary Moppet
Lincoln
Fremont
Young
Mary Moppet’s
Scottsdale
Congress
Uncle Sam
Nixon
Performance Systems, Inc
Nashville
Wall Street
American Child Centers, Inc
Performance Systems
Securities and Exchange Commission
Four Season Nursing Centers of America, Inc
William Perce
Child Welfare League of America
Cencor, Inc
Kansas City