HINGES AIDS SALE OF Montessori School IN WASHINGTON

HINGE is pleased to announce the closing of a transaction of a Montessori preschool and elementary school in Washington. This business was started 33 years ago and was developed and managed by individuals seeking to make a positive contribution to the care and education of young children. The business was sold to a national childcare provider seeking profitable educational companies. The acquirer was able to provide value for the existing business, along with resources, benefits, and future opportunity for staff. This management decision to sell helped the business owner capitalize on their long-term investment in building a quality, productive business. The business owner entered into a long-term lease with the new business owner, thereby creating future value in its real estate assets.

This business owner had developed and operated an exceptional school and was ready to realize on the value gained in her business by transitioning to a new owner who was experienced and poised to continue to operate the school in the same manner. The seller elected to maintain her real estate assets and lease them to the new business owner as a strategy for tax minimization and financial retirement.