WEDA Success Stories

 

WEDA Success Stories

Once Upon a Child - Casper
Once Upon a Child - Casper Photo

1944 CY Ave.
Casper, WY 82604
US
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Category:  2015 Success Stories


Cheryl Pesicka purchased Once Upon a Child in Casper because she was retiring from government employment but wasn’t ready to stop working. She entered a U.S. Small Business Administration mentoring program for “encore entrepreneurs” and started to think about her next steps.

Leonard Holler, SBDC Regional Director, gave advice on the purchase of the existing business franchise. He prepared a business valuation for the current operations based on the seller’s financial information and reviewed the franchise terms and real property lease terms with Pesicka. He also provided advice on business planning, purchase price negotiations, entity selection, state licensing and business registration questions. Pesicka was able to purchase the franchise with private financing. The business continues to do well.




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