Other than the businesses
listed for sale on this site, do you have any other childcare
business opportunities for sale?
·
We are
aware of childcare center owners that are thinking of selling their
childcare center, but generally they need to decide if it would be
better for them to sell now or later. Feel free to contact us so
that we can match you with centers the moment they become
available.
I am thinking of starting a
Childcare Center, what are the
advantages of buying an existing Childcare center
business?
· Unknown Results.
An
existing childcare center business will have a history for you to
make decisions. A start-up will have unknown future results.
· Avoid one to two years of
losses and no profits. A new day care center can
take a year or so to build, during which time, you are not making
any money. As a matter of fact, until a new center hits the
breakeven level, you would be losing money.
· Ease of Investigation.
To buy the
right childcare center business, you should thoroughly investigate
it. This includes its past activities, operations, current status,
the competition, customer base, the industry and its future
potential. You will then determine how it would do with you as the
owner. This information gathering should be substantially more
accurate and easier to obtain when dealing with an existing
childcare center.
· Infrastructure.
By buying
an existing childcare center you would have the benefit of
purchasing a company that has an infrastructure including customers,
suppliers, employees, equipment and systems. This would allow you to
focus on building the business as opposed to a start up where
everything begins at ground zero.
Can I use my 401k or IRA
assets to purchase a business, without tax implications?
·
Yes,
the tax code allows you to transfer money out of a qualified
retirement plan to purchase stock in your own business. Since no
"rollover" takes place, there is no taxable event. We can direct you
to appropriate companies that can do this for you. You will want
your attorney and accountant to review any deal. Several buyers
that we have worked with have acquired a business using this
method.
How much money is required for a down
payment to buy a Childcare Center?
·
If the Center
includes the Real estate, Banks require a minimum equity down
payment from the Buyer of 10% of the purchase price. After closing
costs and working capital requirements are added, the equity
available for a down payment could be as high as 20% of the purchase
price.
·
The actual
amount of the down payment will depend on the particulars of the
Childcare Center and the Buyer's
personal financial statement and credit
history.
Call
Childcare Brokers
at (770) 667-2475
today!