References - Additional References and Contact Info Are Available Upon Request
To Whom it may Concern,
It is my pleasure to recommend the services of BFS to you. The most important aspect of selling the school for us was making sure the new owners would treat the children, parents and staff as family, the way we had done during our many years operating the school. Brad was able to understand this important element above and beyond his excellent ability in determining the value of the business and bringing qualified buyers to the table.
He was there from start to finish, helping in direct and indirect manners to ensure a smooth close and subsequent transition. We highly recommend his services in this specific area, and I would have to say that there is a reason for them being the largest in the nation.
Vinland & Associates, Inc.
To the BFS Team,
Thank you for your assistance in selling our preschool. Your attention to detail, professionalism, and constant support allowed for a potentially difficult and confusing venture to occur without a hitch. I would and will definitely refer your services to others looking to sell their daycare/preschool.
John Zavisa, Former Owner
Small Wonders Nursery and Preschool
To Whom it may Concern,
We contacted Barnett Financial Services for the sale of our late sister's daycare center because they specialize in child care facilities. After compliling the information for the portfolio, BFS quickly found us a buyer. We are pleased and believe this happened so quickly because they know their business and are well connected in the industry.
Thanks to Brad, Jeff and the rest of the team for their professionalism and keeping us informed of the tasks 'along the way' to complete the sale.
Shawna Freels and Melinda Snyder
Antioch Early Learning Center, Inc.
I want to thank you for the excellent service that you provided during the sale of our center. You and your company have done an excellent job of overseeing the complete evaluation, listing, and sales process that we have gone through.
When we first contacted you, both my wife and I were comforted by your knowledge of the Child Care industry. We considered using a local business broker or realtor, but we finally decided to use your company because of your in depth knowledge of this industry.
When Brad came out to our center to look at the building and business, the first thing that I was impressed with was his concern for keeping the news of the sale private. Your company did a wonderful job in assisting us in breaking the news to the employees and our customers. We were able to take the form letter that you had, and make some small changes and use it for our notifications.
I am also grateful for your experience in dealing with both us as the seller and some issues we had with the buyer. Your skill in negotiation was invaluable to keep the sale moving forward. Although this process took longer than either you or I wanted, it was not due to anything that either one of us could have changed.
If you have any other customers that are looking to sell their center and they want references, feel free to show them this letter or better yet, have them call me and I will do everything in my power to let them know how well I was treated.
I look forward to meeting you in person some day. I will keep you in mind as I travel towards Nashville each spring.
David and Gabi Hall
Flying Dozer Child Care
Thanks for all the help with the sale of our school. We really appreciate everything you did. We look forward to working together in the future.
Aaron and Susan Kweskin
Red Apple Preschool, LLC
Valley Village, CA
We wish to thank you for making the sale of Rainbow Academy & Learning Center be accomplished so smoothly. Because it was a combination child care and elementary school, it was difficult to find a buyer qualified and willing to handle both entities. In addition, since it was our "life's work" for thirty-three years, it was difficult for us to turn it over to anyone. But you found the perfect couple to continue our vision and gave us a feeling of supreme satisfaction.
The many hours spent by you giving both us and the buyer advice was invaluable. Your professionalism throughout each stage of the marketing process was most helpful in accomplishing the task. You were most willing to talk with our lawyer, our CPA and any others involved in the sale who had questions.
Throughout the process, you remained patient and professional in every way. We will not hesitate to recommend BFS as a broker to anyone seeking a buyer for their educational facility.
We feel that through the process we not only have been allowed to retire, but we have gained a friend.
Thanks again for providing such excellent service to us. We wish you the very best in your future endeavors.
Len and Shirley Wilde
Rainbow Academy and Learning Center
I would like to take this opportunity to reference BFS Financial Services and Brad Barnett for brokering the sale of the Learning Ladder Schools.
Selling a business can be a complex and arduous process that warrants the talents, expertise and knowledge of a professional. I don't know how I could have done it without you. After determining a marketable sales price for each one of the schools, you procured a corporate buyer and successfully negotiated the transaction, thus achieving a most positive outcome. You were timely in your response and were impressive with the complete knowledge of the course of actions necessary to navigate through the maze of documents and due diligence required. As this was first for Learning Ladder, your guidance was most appreciated and valued.
I would highly recommend BFS to broker the acquisition and/or sale of a childcare facility without hesitation. Please feel free to forward my name to any potential client for a most favorable recommendation.
Learning Ladder Schools
To Whom It May Concern:
Cheryl and I want to thank you for helping us sell our child care center. Although Cheryl was a bit reluctant, I convinced her that it was past my retirement. After doing a little research and meeting with you we were convinced that B.F.S. was the company to promote the sale of our child center. I must say we were not disappointed. Your knowledge of the business and your professionalism produced a quick sale, even though we had a few bumps along the way, with your guidance and skillful knowledge, the sale was completed to our satisfaction.
We happily recommend B.F.S. to anyone contemplating the sale of their child care business as an excellent company to do business with. Thanks again!
John and Cheryl Karay
Former Owners of Kinder Kollege, Inc.
To Whom It May Concern:
Anyone working with children comes to realize you put a part of yourself in raising a child, and when the time comes for the child to move on you must let go and watch. This is a difficult process. This is how I felt when the time came to sell my center. I knew it was time for it to happen, but wanted to know when I let go, it would be the best result for the center, including the employees, children and parents.
Due to the nature of the community I live in, I knew the selling process would need to remain quiet and confidential. In the beginning this is why I decided to sign on with Barnett Financial Services, Inc. They not only knew how to keep matters quiet, but knew the child care field. I first met with Brad, who assisted me in completing the necessary paperwork and calculating the figures for an accurate selling price. Brad was confident in his work, honest, and pleasant with me throughout this time.
I went on to work with Jeff. Most of my experience is working with Jeff. Jeff never wavered in working with me. I can become difficult when I feel overwhelmed, and Jeff always took the time with me and calmed me down to where I could understand and contemplate the situation. Jeff is honest, hardworking, and diligent. He always took the time, and made himself available to me. Although I knew I was not the only client of BFS, he made me feel as though I was the only client. Based upon my personal experience with Barnett Financial Services, Inc., I strongly recommend them to everyone contemplating the sale of their center. BFS keeps all matters confidential, assisting in matching the centers needs with prospective buyers, and even makes sure the licensing is completed correctly within your state's guidelines. They are professional, courteous, hard working, knowledgeable, and diligent. This is the best company to sell your child care center.
Growing Hands Day Care and Preschool, LLC
To Whom It May Concern:
As the recent past owner of Pleasant Day Schools, LLC (PDS) it is my pleasure to comment on the performance of Brad Barnett and his Barnett Financial Services (BFS) team in acting as our broker for the sale of PDS. PDS, located in Morgantown, West Virginia, was the first child care center in the state to achieve national accreditation by the NAEYC. Licensed for 207 children and having a staff of 45 teachers and support personnel, PDS had become a very strong business. As owners, my wife and I were ready to retire and decided to sell PDS while it was such an attractive investment for a buyer wanting to initially get into the child care business or expand an existing involvement in this field.
We had received information about BFS approximately five years ago, but were not yet ready to sell PDS. When updated information on BFS was received in August 2006 we contacted Brad and asked him to come to Morgantown to discuss the possible sale of PDS. He arrived soon thereafter and from the first moment we met him we were impressed with his professional demeanor and very personal approach to learning about PDS. We quickly decided that we would list PDS with BFS and set about working closely with Brad to get the necessary "up front documentation" prepared. BFS did a great job in preparing a sales booklet for PDS and Brad had prospective buyers identified within short notice.
Within two months a serious buyer made an initial offer to buy PDS and Brad successfully negotiated a sales contract acceptable to both sides. His experience as a broker in obtaining the best possible price and terms for us was invaluable. During the following three months Brad did a superb job in coordinating the many details that had to be dealt with in leading up to closing on the sale. There were only a few "bumps in the road" as we neared closing. In each case Brad quickly and efficiently resolved the issues at hand, thus enabling the closing process to proceed on schedule.
In summary, Brad and the BFS team gave us tremendous service in completing the sale of PDS. I highly recommend that he be utilized in listing any size child care center for sale. A desired outcome will undoubtedly be obtained within a reasonable time at a very fair and reasonable cost.
Pleasant Day Schools
Morgantown WV 26505
Dear Jeff :
We both wanted to thank you and your company for the sale of our center. Since we are located in a very rural area of Middle Tennessee, we knew it would be difficult to sell locally. We wanted a company such as yours that specialized in the sell of childcare centers. During the time it took to sell the center, we were very impressed with the discreet manner in which the sale was handled. I would recommend your company to anyone wanting to sell a company that understands the ins and outs of childcare.
Steve and I thank you for this past year of hardwork and dedication.
Thanks Jeff and BFS!
Maria Jones, Former President
Steve Jones, Former Vice-President
K&L Adventures, Inc. d/b/a Cumberland Family Center
To Whom It May Concern:
Brad Barnett of BFS was our broker for selling our business and property, a private school and childcare facility. We chose Brad because he not only had tremendous experience in selling schools and childcare businesses, it is his exclusive domain. BFS had effective systems in place to ensure that the marketing and sell of our business was very discrete and allowed us to screen all inquiries. This was a very high priority for us.
Brad was very patient with us and spent as much time as was needed with us and potential buyers in order to sell our business. We found him to be professional, organized and responsive. He was easily accessible by phone or email. Brad, himself, is very personable, diplomatic and an effective communicator. These traits are important in guiding negotiations smoothly.
We highly recommend Brad and BFS to anyone who is considering selling a school or childcare business.
Laura Witmondt, Former President
Richard Witmondt, Former Secretary / Treasurer
Village Montessori School of Roswell, Inc.
We would like to take this opportunity to thank you for bringing the sale of our child center and real property to completion smoothly.
From start to finish, your diligence, organization, thoroughness and thoughtfulness were remarkable. When your brother, Brad Barnett, President of BFS, visited our center here in the Cleveland suburb and sat down with us at our home to assess the value of our business, we at once realized we were dealing with a childcare pro for a broker. And then when you took on to market the business; we were treated to impeccable professionalism.
In the process of preparation of documents for the sale and eventually closing, we had a pleasant experience to have all our questions answered promptly and thoroughly and all appropriate guidance provided. During the negotiation process, your astuteness was impressive in helping us to achieve our price target. Your knowledge of and resourcefulness with the lender was of enormous value in securing the loan for the buyer.
In a project of such significance, there is a bound to be a minor speed bump or two in the process. But your natural patience and calmness and perseverance and a touch of humor were very helpful in keeping the sale process going and bringing it to a successful completion.
As you know, we built this center from the ground up some 23 years ago and we worked to establish and extended family environment in the center and solid reputation in the community. In line with our wishes, you found us a buyer who plans to maintain the same tradition of superior childcare.
Please feel free to use us as a reference. We would be glad to speak for you.
In our retirement, we plan to travel a good bit. If we happen to be in the Nashville area, we might drop in to say hello. Please give our regards to Brad and your excellent office staff. Once again thank you for a good job.
Avtar Ahuja, Ph.D., Former President
Narinder Ahuja, Former Director
Heights Edu-Care Center, Inc.
Cleveland Heights, OH
I feel relieved... I know when all is said and done, Mrs. [ ] will make the center a great place to work and for parents to bring their children. Thanks for all your help.
Rene` M. Neff
Learning Blocks Child Care Center
Dear Childcare Company Owner,
We hired BFS to sell our childcare company based on their track record of many successful childcare sales in New York as well as the rest of the country. It is with genuine confidence that I recommend their services.
The process was simple, comprehensive and effective. We signed the agreement to hire them..Brad Barnett immediately flew to our location and discreetly evaluated our company. BFS took our company to market, found the qualified buyer we needed, secured the necessary financing for the buyer and closed the transaction while allowing us to receive all cash at the closing.
While our negotiation and sale was difficult, I felt as if BFS had everything under control at all times. The people at BFS could not have been nicer or more professional.
Robert Garcia, Former Owner
The Small Miracle Preschool Center, Ltd.