Buying a Center

Buying a running program is the fastest way to get off the ground, whether you're new to the segment or a veteran. 

However, as you consider buying a program, there are significant factors to keep in mind beyond just financial statements. You need to consider the center's reputation, licensing history, parent relationships, lease terms, loan potential, potential owner conflicts, and more.

Why Consider PIVOT Advisors?
PIVOT Advisors have deep experience in Childcare Center business, and focus only on Childcare Centers. Traditional business brokers are generalists, buying and selling a wide variety of businesses, like Car Washes, Gas Stations, Grocery Stores, QSRs, etc; and Childcare Centers to them is just like any other business they may buy or sell. They traditionally have no experience in the Childcare Center business and its unique characteristics and intricacies.

Selling business brokers often encourage buyers to also sign up with them to purchase the program they are selling, thus acting as dual agents to maximize their commission. This creates an inherent conflict of fiduciary responsibility, as they should already be the exclusive fiduciary to the seller. As a buyer, you must watch out for your own interests and not just go with the Seller's agent in most cases.

Our Approach:
Before you buy a program, you need a clear understanding of your requirements, boundaries, financing capabilities, skills, and experience to sustain and grow the program. We help you align your funding sources to strengthen your position as a buyer, support due diligence.

Our Services:
Before making buying decision, consult with PIVOT Childcare Advisors. We'll help you create a game plan for acquiring or buying a center, including:

1. 1. Developing a game plan, defining or refining your requirements, capacities, financials, skills, funding options, purchase, and post-purchase action plans

   2. Helping you find programs for purchase; uncovering and identifying potential purchase opportunities.

   3. Engaging Sellers or their agents to understand their motivations, and sensitivities

   4. Estimating the value of what is being offered, and why

   5. Forming a negotiation strategy to make the best deal possible; including lease transfer/assignment negotiations

   6. Steps to lower barrier to the purchase

   7. Creating a Letter of Intent, a Term Sheet, and then converting into a binding purchase agreement with contingencies and schedule

   8. Helping due diligence on the Seller financials, business, assets and liabilities

   9. Funding plan, including a business case and financial projections to be submitted to SBA/Lenders for approvals

   10. Assistance with Purchase agreement execution and closing; working with your chosen escrow company, CPA, and attorney to finalize the purchase