Business Exits By Industry

Selling a Child Care Equipment and Supplies Business

A lot can go wrong during the sale of a child care equipment and supplies business these days. With little room for error, your business sale has to feature the flawless execution of concepts that are driving today's business-for-sale marketplace.

The buzz in the marketplace is that now isn't the right time to sell a child care equipment and supplies business. Consequently, sellers are holding their businesses off the market until they are sure the market will sustain their asking prices.

The good news is that ambitious entrepreneurs continue to see child care equipment and supplies businesses as a smart business investment -- and the market is rewarding owners who are willing to invest time and energy in their sale.

Selling to a Family Member

There is no easy way to sell a child care equipment and supplies business, not even to a family member. If it isn't handled properly, a family sale can quickly create irreparable divisions within your family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. If possible, discuss a long-term, generational transition with the entire family and seek the advice of a professional consultant.

Working with Appraisers

An experienced appraiser is part and parcel of a successful child care equipment and supplies business sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.

What to Expect in a Child Care Equipment & Supplies Business Sale

It's impossible to predict the emotional highs and lows you will experience during the sale of your child care equipment and supplies business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Accurate expectations, a solid strategy and a strong support system can be valuable resources for coping with the personal impact of the sale.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary