November 13, 2019  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Company

 

Selling an Adult Day Care Center

No one said selling your business in a depressed economy would be easy. Fortunately, a adult day care center sale isn't as scary as it seems.

Personal and professional concerns surround the sale of an adult day care center. In addition to the personal enjoyment you received from the business, you probably have concerns about what will happen to the people who made your adult day care center a success.
(article continues below)

Market timing is a constantly moving target. Knowledgeable entrepreneurs understand that market timing isn't nearly as important as other factors in a adult day care center sale. You just need to know your buyers and structure the deal accordingly.

Handling Unexpected Outcomes

Every business seller dreams of a fast sale and a fat payday. However, no one told the marketplace about your expectations. The outcome of your sale will be determined by market forces - not by your personal circumstances or desires. Despite your best efforts, you need to prepare yourself for the possibility of receiving less than you expected from the sale of your adult day care center. If buyers don't seem to be willing to meet your expectations, consult with your broker to modify your strategy and market approach.

Before You Sell

There is a lot of work that needs to be done before you're ready to sell your adult day care center. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. After you have consulted with a business broker to right size your expectations, you'll need to add several items to your checklist, including financial statement preparation, pre-sale appraisals, financial planning, market positioning and other tasks designed to communicate value to prospective buyers.

Finding Adult Day Care Center Buyers

It's difficult to predict where the buyer of your adult day care center will come from. To cover all your bases, you'll need to conduct a broad buyer search process. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.

More Exit Planning Articles

Given your interest in exit planning and in adult day care centers, you might find these additional resources to be of interest.

Terms of Investment Banking Agreement

Marketing an Adult Day Care Center

Entrepreneurial Exit Strategies


Conversation Board

Interested in learning more about how to sell an adult day care center? We invite you to send us your questions and feedback!


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Hoping to Open an Adult Day Care Center?

If you plan on opening an adult day care center, these helpul resources may be just what you've been looking for:

How to Open an Adult Day Care Center

Looking for Adult Day Care Center Customers?

If you want information on how to sell to adult day care centers, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Adult Day Care Centers

Mailing Lists for Adult Day Care Centers

More Business Transfer Information

If you are looking for exit plan advice for a different kind of business, please browse our directory of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary