Atlantic Business Brokers Successfully Sold Commercial Door and Hardware Distribution…
Bala Cynwyd, PA (Montgomery County)
Atlantic Business Brokers Successfully Sold
Adult Day Care Facility, Pennsylvania
The challenge: The facility had grown to become a premier adult day care center in its market. The owner was experiencing burn out and looking for new challenges to pursue. Rather than sell the business to a private equity group, many had contacted him through the years, the owner was looking for a buyer that would continue the legacy that was started. The perfect buyer would be someone buying the business that had a passion for elder care and be able to run the business as a family operation, not to buy and flip.
The solution: The seller contacted Atlantic Business Brokers and retained the company to sell the business to the right buyer, confidentially and for the best possible valuation. To effectively sell the company to while getting the highest valuation, we put together a comprehensive Offering Summary, performed an evaluation and started a very targeted marketing campaign. We knew right away the right buyer would need to be passionate about providing the best care possible for the elder clients and their daily needs. The selection process to find the right buyer would require careful screening of all the inquiries that came in- only a few were selected to meet the owner and proceed to the next steps.
The results: The owner successfully sold the business to the right buyer and was able to see his legacy continue in the right hands. The buyer knew right away this was the perfect fit and completed the transaction with a combination of SBA financing and seller note.
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