How much money is required for a down payment to buy a Childcare Center?
If the Center includes the Real estate, Banks require a minimum equity down payment from the Buyer of 10% of the purchase price. After closing costs and working capital requirements are added, the equity available for a down payment could be as high as 20% of the purchase price. The actual amount of the down payment will depend on the particulars of the Childcare Center and the Buyer’s personal financial statement and credit history.
