Experience in buying and operating summer camps?
July 18, 2024
by a searcher from University of Texas at Austin in Dallas, TX, USA
Hi, I am pre-LOI on a promising summer day camp company. I’m curious if anyone here has experience in this space and may be able to connect. I see pretty straightforward ways to grow the business.
I’d be open to an informational chat, or even providing equity for the person with the right experience to guide. Thanks!
from University of Pennsylvania in Miami, FL, USA
1) a little tougher to finance bc they are highly seasonal (7 weeks I believe) so cash flow is lumpy....although a majority of the expenses are in the same period as well
2) I have looked at several opportunities over the years involving children - schools, camps. etc. At the end of the day, I did not want to be responsible for someone else's kids :); and in a worst case scenario, have something happen under my ownership/watch. Again, that is a personal take but something to consider.
from James Madison University in Washington, DC, USA