Capacity for 60 children aged between 3 months and 5-years-old, out of school holiday club registered for 16 children aged 5 12 years
Income of £335k for the year ended 2018, generating an adjusted EBITDA of £77k
Freehold nursery in excellent location, with easy access from town
Rated Good in all areas by the Care Inspectorate May 2019
An opportunity to acquire a popular freehold nursery in Scotland.Originally opened as a school in the 1880's, the current owners have carried out extensive refurbishment on the facility over the last 20 years, Capacity for 60 children aged between 3 months and 5-years-old, out of school holiday club registered for 16 children aged 5 12 years. Rated Good in all areas. Ref 46272
Project Gabriel represents the opportunity to acquire Obans 1st Steps Day Nursery Ltd a very popular freehold setting, situated in Argyll & Bute, Western Scotland. Surrounded by miles of picturesque coast and countryside, the seaside town of Oban where the nursery is located, serves as a gateway to the Outer Hebrides and services the wider community of the Highlands and Islands as well as the town of Oban and surrounding area.
The nursery itself operates from an attractive renovated Victorian building with extensive grounds, gardens, playground and parking. Originally opened as a school in 1888, the current owners have carried out extensive refurbishment on the facility over the last 20 years, creating a truly renowned setting at the centre of the community.
The nursery is registered with the Scottish Care Inspectorate to provide full day care for 60 children aged between 3 months and 5-years-old it operates from 08:00 to 18:00, Monday to Friday each week, only closing for the Easter weekend, Christmas and New Year. The provision has a baby room that caters for 10 under 2-year-olds; a toddler room which caters for 10 under 3-year olds; and two rooms catering for 40 children aged 3 to-5-years old. A new facility offering a breakfast/after school and holiday club opened in August 2018 with a capacity of 16 through a variation until Jan when the total should be 76 children.
The owners are now seeking to retire but leave in place a popular and renowned local childcare provision with excellent facilities. This is a fantastic opportunity for someone to own a thriving business with the potential to increase in size and profitability.
Summary. This is an exciting opportunity to purchase a well established nursery with a bright and exciting future which would represent an ideal proposition for an owner operator. To avoid disappointment, a viewing is strongly recommended.
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