Advantages of working with Daycare Realty
- We take the time to understand your goals and objectives,
allowing us to find you the right buyer.
- We personally visit and inspect every childcare center,
completing a comprehensive review.
- We assemble the documentation needed to provide the buyer with a
comprehensive sales portfolio.
- We analyze and review your financial records for the past 3 to 5
years.
- We compile a complete profile of your ongoing business
procedures.
- We conduct a thorough risk assessment to mitigate unfore-seen
issues.
- We review licensing and accreditation records to ensure complete
documentation and compliance.
- We make recommendations for repairs or improvements to increase
the marketability of your center.
- After we have qualified a buyer, we provide them with a
professional marketing package detailing the basic specifications of
your business and property. Once under contract, we provide them
with a comprehensive sales portfolio.
- We prepare income and cash flow statements for your center.
- We diligently assess your business to determine the highest
possible selling price.
- We present all offers in a timely fashion for your review and
acceptance.
- We professionally manage the entire sales process from listing
to closing.
The Process of
Selling a Childcare Center
The following is a brief overview of the selling process. Please visit
our Frequently Asked Questions page for answers on more topics related
to selling a childcare center. If you have any additional questions,
please don't hesitate to Contact Us.
To begin your planning, we recommend a personal meeting. We keep
every conversation completely confidential. Please
Contact Us to
schedule a convenient time and location.
Center
Evaluation and Profile
Whether you are considering selling now or planning ahead for a future
sale, it is important to know not only the fair market value of your
business, but also how to best prepare your business to be sold. We
understand how buyers will evaluate your business and how lenders will
assess it. We use the utmost discretion, ensuring your staff will not
become aware of your possible intentions. Our exclusive evaluation
process will give you confidence that your asking price is fair and
marketable.
Back to top
Listing Your
Business
Once we have completed our center evaluation and profile, we meet
again to discuss our comprehensive listing report. This report
provides a detailed analysis of our findings, including a recommended
listing price, a detailed marketing plan for your center and suggested
repairs and improvements. Once we have reviewed and executed the
Exclusive Listing Agreement, we compile all the relevant information
about your center into a comprehensive sales portfolio and immediately
begin introducing your center to select qualified buyers.
Back to top
Due Diligence (Research)
Daycare Realty assembles all the information needed for a buyer, and
eventually their lender, to properly evaluate your business. This
comprehensive sales portfolio typically includes the following; all
aspects of the real estate (deeds, title insurance, surveys, floor
plans, permits, etc), personal property, financials, insurance,
licensing, accreditation, financing, employee benefits and labor
matters, intellectual property, legal, tax, environment and
market/commercial situation of the company.
Back to top
Negotiation
We expertly handle negotiations with all the parties involved in the
transaction. During these
negotiations we provide objective insight to assist you in making
informed decisions. As the sale proceeds, we manage each step of
the transaction, handling obstacles as they arise to maintain an
orderly progression. Additionally, we serve as the information conduit
between you and the buyer to maintain the time tables specified by the
contract. We work closely with you and your professional advisors to
ensure you receive the highest possible proceeds for your business.
Back to top
Closing the Transaction
Throughout the entire transaction, Daycare Realty is with you. From
the initial evaluation of your center through the closing and
transition, we appreciate this is not only a business transaction to
you, but also that selling a business you built and worked so hard for
can be an emotional experience. Satisfied sellers are our greatest
accomplishment and we enjoy long-lasting relationships with all our
clients.
Back to top
Transition
Daycare Realty will remain available for any additional assistance
through the post-closing transition. It is vitally important that your
employees and parents learn of the change in ownership in a controlled
environment. We will help you organize an "announcement meeting" to
ease the concerns of all involved. At Daycare Realty, a smooth and
successful sale is our primary objective.
Back to top
Other Services
We have strategic relationships with businesses
all over the country that provide us with a wide range of networking
capabilities. We can also recommend business intermediaries in the
areas of legal, accounting, incorporation, licensing, accreditation,
payroll services, equipment purchase and leasing and business
transfer services, who are very familiar with the childcare industry.
Back to top |
