Carin Raymer
Rochester, NY (USA)
Role(s):
Kidz Kampus Daycare
Find More Startups
Startup
Location:
Rochester
Industry:
Education
Year Founded:
1991
Number Employees:
INVALID
Description:
am a single mom with 7+ years experience in the daycare field. I am looking to get funded for the purchase of 1 existing daycare center and 1 building to open another center. The existing center is selling for 30k, has been in operation for over 17 years, and generates approx. $200k in gross annual sales at about 65% capacity. The building for the new center is selling for about half of the appraised value due to owner desperation to get out. It has 4800 (URL removed) on the main floor 2800 of legal useable basement space and can have another 2300 of legal useable space on the 2nd floor with the addition of alternate egress. Purchase price is 125k with the need for 285k to remodel and purchase equipment purchases and 45k in working capital. With planned improvements and an aggressive advertising