• Fee income approx £160,000 EBITDA approx £50,000
• Run under management
• Freehold Nursery with little local competition
Impressive end modern semi detached day nursery registered for 42 children. Highly sought after area. Advised fee income for year end 2014 approx £160,000. Run under management, superbly presented throughout. Close to newly approved housing development. Freehold Ref 43476
This highly attractive children's day nursery is situated in Devon. The business benefits from an enviable location close to major industrial estates. In addition it has been authorised for a 2000 home plus development less than 2 miles away. The nursery is well positioned to attract parents from the substantial surrounding population.
The current owner has created an enviable business, established for 13 years and is currently registered for 42 with a high occupancy level of 70% and growing. Recently the vendor has also invested in the business having a refurbishment. Currently the nursery only offers day facilities, therefore, leaving enormous scope to develop the business further.
Summary. Superb example of a thriving profitable business and a valuable business site in a sought after location. Viewing is highly recommended to fully appreciate what this exciting proposition has to offer. Reluctant sale due to retirement.
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