When selling a childcare business, as part of the Asset Purchase Agreement (the business sale contract), the business buyer may request that a portion of the childcare business seller’s proceeds from the sale be held, usually in an escrow account, for a specified period after the transaction closes. The buyers’ requests for a funds holdback…
Having worked as a child care business mergers and acquisitions advisor since 1995, I know that when a child care owner contacts me, they are often interested in selling their child care business. One of the primary things they would like to know is its value. Knowing the value is key when considering the sale…
“If You Hide the Money Too Well, Nobody Will Be Able to Find It.” When I began my business brokerage career in 1995, it was common to find that business owners were not reporting all of their business revenues. In addition, they were also incurring numerous personal expenses (cars, house payments, country club memberships, personal…
You can do many projects yourself with motivation, hard work, and some instructions. However, selling your childcare business is not one of them. Every month, I receive calls and emails from childcare business owners who either sold their childcare business on their own or are in the middle of trying to sell their childcare business…
“Selling your child care business, you often only get one chance to do it right. Do Overs are Rare” If you are considering selling your childcare business within the next few years. You will want to carefully select the best child care business broker to represent you to ensure you receive the highest value for…
