Chicago Market School Sold to National Operator
HINGE Brokers is pleased to be a part of the succession plan of a two-site operator in the Chicago market.
The business owners operated the company in a franchise system and were at the end of their franchise agreement, allowing the Hinge team to bring in a national organization as acquirers. The company commanded multiple offers for both the business and the real estate, which were sold simultaneously.
The buyer will re-brand the company and maintain the long-term staff, giving them more growth opportunities within a larger platform.
HINGE was happy to be a part of the retirement plan for our sellers and to meet the financial and culture objectives for their school.
To learn more about how HINGE Brokers can support your buying or selling needs, please contact us at email@example.com.