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cover of episode Breaking Down a $10M Primrose Franchise Resale

Breaking Down a $10M Primrose Franchise Resale

2025/7/4
logo of podcast Acquisitions Anonymous - #1 for business buying, selling and operating

Acquisitions Anonymous - #1 for business buying, selling and operating

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C
Connor Groce
H
Heather Anderson
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Heather Anderson: 我认为Primrose是一个非常好的品牌,学费较高,面向高端客户。在评估此类业务时,需要考虑房地产和运营业务的价值,以及如何通过SBA贷款进行融资。如果房地产价值高于企业,可以考虑使用SBA 7A贷款,期限为25年。如果企业价值较高,可能需要结合使用SBA贷款和传统贷款。此外,售后回租也是一种选择,但对于像Primrose这样依赖地理位置的业务,长期拥有房地产可能更合适。 Connor Groce: 我认为这个位于达拉斯-沃斯堡市场的Primrose特许经营转售项目很有趣,因为它包括房地产。我希望了解房地产如何影响尽职调查和融资。我认同Heather的观点,需要考虑房地产和运营业务的估值。对于买家来说,这可能是拥有最好的Primrose学校之一的最佳机会,而且该学校在社区中享有盛誉。该中心的销售额超过300万美元,SDCF超过130万美元,并已获得SBA融资的预先批准。但是,我非常赞同Heather的观点,如果买家不打算亲力亲为,这个生意不适合买家。

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Chapters
Connor and Heather analyze a $10.9 million Primrose School franchise resale in Dallas-Fort Worth. The deal includes real estate, and the listing doesn't specify the real estate's value. They discuss the impact of this on diligence, financing, and valuation.
  • Asking price: $10.9 million
  • Gross revenue: $3 million
  • SDE: $1.3 million
  • Real estate value not specified
  • Pre-approved for SBA financing with 10-15% down

Shownotes Transcript

In this episode, Connor and Heather break down a $10.9M Primrose School franchise in Dallas-Fort Worth that includes real estate, debating financing hurdles, valuation quirks, and who the ideal owner really is.Business Listing - https://www.bizbuysell.com/business-opportunity/top-dfw-suburban-primrose-school/2362698/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💼 This episode is sponsored by Verivend Verivend is the only platform purpose-built for independent sponsors and private market investors who want to move faster and eliminate friction. From raising capital to returning it, Verivend combines investment management and secure, instant payments—all in one place. Capital calls, deployments, and distributions work like Venmo: one-click, real-time transfers with no transaction limits and automatic reconciliation.

Whether you’re raising a single deal or managing a full fund, Verivend gives you the speed and confidence to execute. Explore Verivend at verivend.com).

📈 Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!Episode Summary:Connor Groce and Heather Endresen dive into a rare Primrose School franchise resale in the Dallas-Fort Worth suburbs. With an asking price of $10.9 million, this deal combines a thriving childcare operation grossing $3 million with SDE around $1.3 million, plus the value of owned real estate—though frustratingly, the listing doesn’t break out how much the property is actually worth.Key Highlights:- Asking price of $10.9M for the business + real estate in DFW- Generates $3M in revenue and around $1.3M SDE, though real estate value isn’t broken out- Pre-approved for SBA financing with 10–15% down, but likely needs a split 7(a) and 504 loan- High-end clientele thanks to Primrose’s strong brand, but tough to expand without building a new location- Discussion on sale-leasebacks vs. owning, and how this impacts valuation and cash flow- Connor & Heather debate whether it’s right for a typical buyer—landlord-heavy investment, very hands-on, not ideal for a passive owner- Primrose’s reputation demands owners deeply involved in the community, often with young families themselves

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