Project Playground

Asking price Price on request

Financial data

Turnover / Revenue €1,615,000.00
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) €264,000.00
Profit margin +/- 16%

Project Playground isa profitable Belgian childcare group with four locations in East Flanders and a total capacity of 92 spots for infants and toddlers.

 

The company operates primarily under the income-based fee system (IKT), in which parental contributions are supplemented by subsidies from Opgroeien. As a result, Project Playground has a defensive and predictable revenue profile within a highly regulated sector.

 

The company has an experienced team of 17 people. Thanks to local responsibility at each location and central operational support, Project Playground operates largely autonomously. Day-to-day operations are supported by an in-house digital childcare platform designed for staff scheduling, occupancy management, daily attendance tracking, billing, and parent communication, among other functions. In addition, Project Playground distinguishes itself through a fully all-inclusive childcare concept, which includes hot meals and care products.

 

The shareholders are seeking a suitable buyer who can support the continuity and further growth of Project Playground.

 

Scope of the transaction: acquisition of 100% of the shares, with the option to acquire additional real estate
Normalized revenue FY25: approx. €1.6m
Normalized EBITDA FY25: approx. €264k

Location
Oost-Vlaanderen
Legal form
Company
Number of employees
16
Customer type
B2C (Business to Consumer)
Active since
2010
Real estate included
Yes
Translated from
Dutch
Disclaimer
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