Frequently Asked Questions
Why should I choose California Preschool Brokers for my transaction?
At CPB, we specialize in the sale of preschools and childcare centers. We’re intimately familiar with the day-to-day operations, marketing, staffing, and staging of these types of facilities. We hold our services to the highest standards of ethics, professionalism, and confidentiality. Learn more about our firm.
Will the process be kept confidential?
Absolutely. All potential buyers must sign a confidentiality agreement before we divulge any details of your business. This commitment to discretion protects your privacy and ensures that your business operations will not be compromised during the sale process.
Do I have to pay fees for you to list my preschool for sale?
We do not charge any fees until we have successfully sold and closed on your property. All fees are detailed in our listing agreement.
What documentation do I need to provide to help you sell my business?
In order to prepare a marketing portfolio, we may request that you furnish proof of any or all of the following information: deeds, permits, title insurance, inventory, licensing, accreditation, financing, floor plans, class enrollment, staffing details, tax requirements, etc. All information collected will be kept confidential and will not be shared with anyone.
Can’t I just sell my property myself?
While it is certainly possible, we highly recommend seeking the assistance of an experienced professional. Selling a preschool facility requires consideration of hundreds of details involving financing, licensing, employees, non-compete agreements, inventory, equipment, and much more. We’ve found that sellers have much greater success when partnering with a real estate expert who is specialized in the preschool niche.
How do you determine the target sales price of a preschool?
Several factors are taken into consideration, including the center’s location, enrollment volume, outstanding debts, condition, and profit/loss history.
How do you assist buyers with finding and purchasing a preschool?
We’ll start by gathering enough information to pre-qualify you as a buyer. Next, we’ll meet with you to pinpoint your purchasing goals. Once we understand what you’re looking for, we’ll provide you with a list of schools on the market that meet your requirements. You can then schedule confidential viewings to tour the schools you’re interested in. When you find the center you’d like to purchase, we’ll draft a purchase contract and enter into negotiations with the seller. From there, we’ll guide you through the entire buying process until the closing.
Do you assist with licensing of a preschool after the sale?
Yes. When transferring ownership of a childcare center, it’s essential that all licensing requirements are met by the buyer and seller. Our team will guide you through the process of obtaining the necessary licensure.
Can I obtain financing?
We can assist you in possibly obtaining a SBA (Small Business Administration) loan in order to help finance part of the transaction.
Lalin De Soyza
CA BRE LIC# 01842162
California Preschool Brokers
225 South Lake Ave 3rd Floor
Pasadena, CA 91101
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