WARWICKSHIRE DAY NURSERY AND AFTER SCHOOL CLUB

Price:

Freehold - £650,000

Turnover:

Seller Ref:

CC2236

Location:

Warwickshire

Business Type:

Care Businesses

See Other:

Childrens day nurseries for sale in Warwickshire
Care businesses for sale in Warwickshire

Description:

THE BUSINESS:

REGISTERED WITH OFSTED FOR THE DAY CARE OF UP TO 62 CHILDREN WITH SCOPE TO EXTEND TO 80.

OVERVIEW

A substantial principally purpose built nursery providing approximately 3,900 square foot of first class nursery accommodation to two floors. Standing in a large plot with extensive secure play areas and gardens. Large nursery car park.

Advantageous location within a popular modern private housing estate and adjacent to a busy neighborhood shopping precinct.

Excellent Ofsted inspection reports confirming that the nursery is rated as good for all the fourteen key areas of inspection.

Well qualified staff are employed.

Registered with Ofsted for the day care of up to 62 children birth to age five. Scope to increase registration to eighty if required.

Open 51 weeks per year, weekdays 07.30 to 18.00 for normal nursery provision.

FINANCIAL OVERVIEW

The nursery has operated with consistently high occupancy as demonstrated by accounts which show sales of £357,107 with an ebitda of £88,128 after owner’s drawings. We are of the opinion that a working owner with teaching or early years experience would be able to readily increase the operating pre tax profit to in excess of £100,000 per annum via a reduction in the wage bill.

Current management accounts show projected sales of £346,519 for the current financial year.