Teacher’s Pet Preschool has new ownership according to Connor Grimes, Managing Partner of Confidential Business Intermediaries/The CBI TEAM of Central Arkansas (www.cbiteam.com). Business owners Suzanne and Jim Pate, Jennie and John Harrison and Jan Stafford sold the business to Angela and Mark Todd of Little Rock. Shep Campbell, Senior Intermediary with the CBI Central Arkansas office was listing selling intermediary for the transaction according to Grimes.
Teacher’s Pet was established in 1985 as a preschool designed to meet the needs of the children of teachers in North Little Rock and Central Arkansas.
New owners Mark and Angela plan to maintain the standards and staff of Teacher’s Pet and continue the excellent service and care established by the founders.
CBI Central Arkansas is part of Confidential Business Intermediaris, the largest business brokerage company serving both Main Stree and lower Middle Market Mergers and Acquisitions from three Arkansas offices, Little Rock, Springdale and Fort Smith.
Teacher’s Pet is the second preschool sold by Mr. Campbell in the last few months and he has compiled a large database of buyers through the process. He is also familiar with licensing and can assist in finding loans for new buyers throught the unique and proprietary www.loans4biz.biz program offered by CBI.
For more information contact CBI @ firstname.lastname@example.org or call 877-582-5200.
The transaction was brokered by Connor Grimes and Shep Campbell from CBI of Central Arkansas, part of The CBI Team – Arkansas’ largest and most successful Business Brokerage Firm. Teachers’ Pet was started in 1985 as a preschool designed for the children of Teachers in North Little Rock and Central Arkansas. Since, the business has anchored itself as a pillar of the community and one of the finest facilities in all of Central Arkansas. In January of 2016, the Owners of Teachers’ Pet engaged Sr. Intermediary Shep Campbell with CBI of Central Arkansas to help confidentially sell the business. Using CBI’s processes and procedures, Campbell identified a buyer, confidentially worked with that buyer to disclose the business, and by the end of May had the business under contract with the buyers, Mark and Angela Todd. Mark and Angela worked with CBI to negotiate an acceptable offer, find financing acceptable to the buyer, and help build the relationship between Seller and Buyer to ensure a smooth transaction, and to see Teachers’ Pet into the next generation of ownership.
Teachers’ Pet Preschool was the second preschool in 16 months that CBI of Central Arkansas confidentially listed, marketed and successfully sold. The CBI Team has successfully sold hundreds of businesses since 1994. Teachers’ Pet Preschool is the latest example of why people choose The CBI Team to help them confidentially sell businesses!