HINGE Completes Sale of Karnak Creative Child Care Center

The team at HINGE Advisors is pleased to announce the successful sale of business and lease of real estate for Karnak Creative Child Care Center in the Detroit, Michigan metro area.

Mamta Patel acquired Karnak Creative Child Care Center in December 2014. The center was founded in 1990. At the time of her purchase, the facility was a 1930s farmhouse with a capacity of 90 in a facility.  In 2016, Mamta renovated the existing square footage and constructed an addition resulting in nine classrooms within a 10,000+ square foot building.

Eventually, Mamta decided to return to her successful career in the auto industry and contacted HINGE to facilitate the sale of the business with a long-term real estate lease.

The buyer, a growing regional owner-operator provider of preschool education and early childcare programs in the Midwest and Southeast, was an excellent fit due to their compatible operations and growth strategy.

Congratulations to Mamta on the successful sale of her early learning business!

If you’re interested in selling your childcare business or want to know more about your exit options, contact our team at info@hingebrokers.com.