HINGE Sells Michigan Childcare Center
HINGE is pleased to announce the sale of the operations of Pee Wee Patch Child Development Center in Lake Orion, Michigan to Rhonda Meyers and Amy Maxwell, Owners of Heartfelt Impressions Learning Centers.
The 29,000 square foot facility constructed in 2003 and licensed for 285 children is being leased by Heartfelt Impressions and will replace their current Lake Orion facility.
After moving out-of-state and experiencing the challenges of absentee ownership, Pee Wee Patch’s owners decided to engage HINGE Brokers to identify an operator capable of taking on their school and its large facility.
Heartfelt Impressions was the perfect match, bringing experienced management who are already well-established and respected in the Lake Orion community.
For many clients of HINGE who happen to own the real estate in which their business operates, exploring the idea of becoming a landlord has many positive attributes. Of course, some sellers prefer to sell everything and diversify into other forms of real estate investment. We can help each seller identify the best approach for their personal needs.
If you would like more information on how HINGE Brokers can help you “open the door” to a new life after the day-to-day responsibilities of owning a childcare center, please contact us at info@hingebrokers.com.