• Fee income 2015 £271,393 (growing annually)
• Adjusted net profit £80,000
• Established 2 site nursery in sought after town centre location
2 Impressive detached day nurseries registered for 47 and 37 children. Highly sought after residential area. Advised fee income 2015 £271,393 (growing annually). Run under management, superbly presented throughout. Recent extension to one new baby unit with potential for owners accommodation. Leasehold Ref:43181
These highly attractive children's day nurseries are located in the attractive Somerset. The business benefits from two enviable locations right in the centre of the town near the main high street and centre.
Site 1 is well positioned to attract parents from the substantial surrounding population to the North of the town, while the second operates in the main shopping area adjacent to a large supermarket and other shops.
The current owner has created an enviable business over the years and has purposefully modified the buildings.
Site 1 has been established since 1999 and is currently registered for 47 with good occupancy levels. The second was established by the vendors in 2013 and is currently registered for 37 (expandable ) and often full.
Both nurseries currently bring an annual turnover of some £190,000 and growing annually. The more recent of acquisitions, has had the building fully renovated by the vendors and both properties are in excellent condition throughout.
The first nursery is purpose built, one of 2 purpose built nurseries in the area. Located over two floors that have well presented spacious children's rooms. The rooms are well equipped for the different age groups of children that attend the nursery. There is also an office and children’s and staff toilets. There is an extensive well equipped outdoor play area, along with off road drop off and collection points all being in excellent condition
The most recently opened nursery is situated within the old doctors surgery. The vendors have spared no expense in renovating this semi detached property to excellent standards and again is split over 2 floors. The upper floor holds potential for minor modification into owners accommodation
We are advised that both the properties are being offered upon a leasehold basis.
Summary. Superb combination of a thriving profitable business over 2 sites in a sought after location. Viewing is highly recommended to fully appreciate what this exciting proposition has to offer.
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