How long will it take to sell my childcare business?

This is probably the most common question asked and yet the most difficult to answer. Our experience has shown that demand in your market and the cash flow from operations are the two most significant factors related to faster sales. On average, most opportunities will sell within six months to one year of being placed on the market. However, depending on the two factors mentioned above as well as other factors, some will sell in significantly less time. Conversely, some more complicated transactions may take significantly longer.

Transactions requiring third-party (bank) financing on average take longer to close. Mainly because of the increased amounts of paperwork and due diligence requirements. This is even more the case when real estate is involved.  This is not to say that 100% cash transactions necessarily move through the process more rapidly. They can, due to less constraints and requirements, however, our experience has shown that when all of the financing is being provided by the purchaser that they tend to be much more cautious and thorough in their due diligence.

November 27th, 2012||0 Comments|

What do you consider to be an important factor when selling a childcare business?

Most definitely cash flow! It is the cash flow from the operation of the business that fuels buyer demand and determines whether a lender will provide financing to one of our qualified buyers. Opportunities that are positioned to receive bank financing are more likely to sell faster than those that are not.

November 27th, 2012||0 Comments|

Your company is located in North Carolina and my center is located in another state, how are you able to sell my school?

Selling a childcare business is much different than selling a residential home or other type of commercial property. In order to maximize the confidentiality of the sale, certain common elements of traditional brokerage are not utilized in the sale of a child care center. As a firm that specializes in childcare opportunities, we have developed a unique set of procedures that we follow for every transaction no matter where the center is located. It is important to note that once we have determined that the contemplated transaction is viable, we will schedule a time that is convenient for you (day, evening or weekend) to meet at your facility to conduct an onsite tour and consultation.

November 27th, 2012||0 Comments|