Selling Process
THE SIMPLE STEP-BY-STEP GUIDE
TO LIST YOUR CENTRE FOR SALE
Step 1: |
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Call me for a confidential chat about what you want to achieve from the sale of your centre. |
Step 2: |
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Talk to one or two vendors who I’ve sold centres for, to see how easily the process we use works. |
Step 3: |
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Agree to allow Benchmark to sell your Centre by signing the attached PAMD 21A, “Authority to Sell”. |
Step 4: |
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Complete all details and provide all information on our ‘Child Care Centre Listing Details’ form, as the sales process works faster if all the information is provided in one parcel – nothing is more annoying than continually chasing bits and pieces of data or paperwork.
You can download our Child Care Centre Listing Details form in Word format (for filling in and emailing back to us) or in PDF format for printing.
Most contracts have one special condition (see below) which gives the Purchaser two (2) weeks to complete the Due Diligence. If we don’t have the data, the contract usually keeps extending or the Purchaser gets fed up and walks away.
We are selling your professionally run Child Care Centre (usually for a great deal of money), so why not let us do a professional job of selling? |
VERIFICATION OF FINANCIAL RECORDS/DUE DILIGENCE
The Vendor agrees to make available to the Purchaser and/or its representatives and accountants, after signing hereof by all parties, the financial records of the business to enable the Purchaser and/or its representatives and accountants to verify the accuracy of the financial statements within fourteen (14) days of the Contract date.
If the said financial statements upon examination are found to be false or not so verified by the said financial records, then the Purchaser shall be entitled to terminate this Contract by notice in writing to the Vendor stating the discrepancies whereupon all monies paid by way of deposit shall be refunded in full to the Purchaser. PROVIDED, HOWEVER that should the Purchaser fail to give notice to terminate within seventeen (17) days of the Contract date, then it shall be deemed that the said financial statements have been verified.
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