(Formula One) The sellers had a profitable business and weren’t in a hurry to sell but would sell if they got the right terms. We received multiple bids on the company. The buyer did not need outside financing. He paid the majority of the purchase price at the closing, and the seller financed the balance over 5 years. The seller will stay on after the sale to provide a smooth transition. Contact Synergy Business Brokers to sell an Education Business.