• Run under management, Turnover 2015 £261,527 Net Profit approx. £33,000
• Highly sought after, business and education area
• Secure play areas from age 4 weeks through to 12 years old.
Purpose built modern day nursery registered for 60 children. Highly sought after, business and education area. Run under management, Turnover 2015 £261,527 Net Profit approx. £33,000 Impressive HMIe report. Secure play areas from age 4 weeks through to 12 years old. Leasehold Ref 42382
The nursery occupies an excellent location in the Scottish Borders. The nursery is close to the town centre and a train station which was recently opened for the new Waverley line linking with Edinburgh. This will undoubtedly benefit the nursery as is already a very popular commuting town and affluent residential area.
The nursery provides quality care for children from 4 weeks old through to 12 years of age. The business owners and staff have worked tireless, to ensure a glowing last inspection report where the nursery achieved predominantly grade 5 (very good) in most categories. Despite the nursery trading fairly well (about 60% capacity) there is good potential to increase turnover due to the new train line and station built locally along with new residential homes which the nursery should be able to take advantage of.
The nursery has a busy pre-school class and receives admissions from the new two year old’s funded scheme recently introduced by the Scottish Government.
We have been advised that the nursery has generated a turnover of just over £200k from Nov 2014 to 15th Sep 2015 (management accounts available) from day nursery fees. Financial year is Nov to end Oct.
This business is an exemplary nursery offering an excellent level of care in a bright modern and friendly environment. The business also benefits from having an after school service which could easily be expanded should new owners desire.
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