• Fee Income £453,101 (y/e 31.05.16), impressive EBITDA £159,000 Net profit £135,000
• Large new housing development being built close by
• Immaculately presented, high occupancy levels, spacious outdoor areas
A stunning opportunity to acquire a detached children’s day nursery, (registered for 57 and expandable), Semi-rural setting fee Income circa £453,101 (y/e 31.05.16), impressive EBITDA £159,000, enviable reputation, immaculately appointed throughout, spacious outdoor play, viewing highly recommended. 44078
A stunning opportunity to acquire a day nursery which occupies a substantial freehold site, consisting of large open play areas and various porta cabins, which are well maintained and fitted out in Cornwall.
The nursery is currently registered for a maximum of 57 children from 0 - 5 years of age under the current Ofsted regulations although there is potential to expand the numbers with the development property subject to availability, planning permission and Ofsted approval.
The business was purchased and established by our client in 1997, since then the business has flourished and continues to be a well renowned and well respected day nursery with an excellent reputation for quality child care, education and staffing.
Overseen by our client on a month to month basis the nursery has a full time manager, although the business continues to go from strength to strength each year, it is only being offered for sale due to our clients other interests.
Situated close to a densely populated residential area, which is currently undergoing development and additional housing being built, makes it an idea place to run a profitable business due to these excellent road links to the whole of the area.
The nursery provides excellent sized classrooms for all ages and is arranged over three buildings within the site which have been extended and modified over the years to provide the current set up.
This is an interesting opportunity as the vendor has taken the steps to offer a Leasehold sale, opening up this opportunity to a multitude of buyer types, therefore viewings are highly recommended to avoid disappointment.
Summary. A wonderful opportunity to acquire a well established and highly respected day nursery which continues to go from strength to the strength, set in a superb location. Demand is expected to be high, therefore viewing is highly recommended to truly appreciate the business.
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