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A well-established and highly profitable Children’s Day Nursery, located in a unique, professional and easily accessible building located in the West Midlands. The nursery is registered for 42 places and has a ‘Good’ OFSTED rating.
A respectable children’s day nursery with over 20 years of trading. This business offers full day care for babies, toddlers and pre-school children. The site is managed by a well experienced manager with quality childcare experience, both with the business and in the industry, ensuring the highest quality of care possible. The manager is willing to stay with the nursery post sale, the current owner is very much removed from the day to day running of the business.
The business is run from a leasehold property with a lease running until 2021.
• This business would make an ideal bolt-on for a larger nursery group looking to acquire within this geographical region, and would also provide a great start for a high net worth individual looking to enter this market and capitalise on the excellent reputation;
• An opportunity exists to increase occupancy (currently 68%) on the existing site and develop the potential for out of school, breakfast club and holiday club provision;
• Profits are healthy but there is scope to reduce costs particularly for a larger organisation acquiring and there is scope to increase fees whilst still being competitive with other local nurseries.;
• An acquirer looking to grow could implement a marketing and advertising strategy rather than rely on word of mouth;
• Strong catchment area for a sustained future.
The current owner is looking to retire and has decided to pursue a sale in order to exit the business.
Leasehold with a lease until 2021. No break clause however the vendors have been told that a buyer would be able to negotiate a new 10 year lease.
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