HINGE Aids Sale of 3-Site Sacramento Childcare Business

HINGE Brokers is pleased to announce the sale of a 3-site preschool business and the lease-back of the school’s real estate in the Sacramento, California metro area.

Storybook Cottage was founded by two sisters in the late 1980s who eventually grew the school to three locations. Reaching retirement age, the sisters contacted HINGE two years ago for tips and advice on marketing and operations in preparation for the sale of their business.

HINGE helped identify short term, medium and long-range solutions for the owners to implement in stages throughout 2018 and 2019. In the fourth quarter of 2019, HINGE began marketing the school and, after many bids were received, one particular buyer stood out for its strong pricing and timetable.

Our clients are very happy to retire and collect rental income, and our Buyer is happy to get a foothold in the Sacramento market where it will look to expand its reach.

HINGE Brokers is honored to have been chosen by these owners to represent them and facilitate this transaction in this most unusual time. If you would like help selling your early education business, contact our team at info@hingebrokers.com.