Childrens Day Nurseries for sale in Solihull

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £280,000 Price Reduced Annual Turnover: £456,000 Gross Profit: £331,560 Annual Net Profit: £265,248
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Business Description
Registered for 38 Children
Projected Annual Turnover £380,000
Projected Gross Profit £360,000
New Fixtures & Fittings
Currently Run Under Management
EPC - D
REF 6095 – Leasehold Children's Day Nursery

Blacks Brokers are proud to bring to the market this leasehold Children's Day Nursery located in a busy and densely populated area of Solihull, West Midlands.

INTRODUCTION

Bright Swans Day Nursery Ltd has been trading on Ulverley Green since September 2017 with our client in ownership since opening. During that short time, the nursery has already established itself well within the community, gaining a good base of customers and a superb reputation. The nursery is registered for 38 children and has a D1 licence in place and a 5* hygiene rating.

LOCATION

Situated in a popular residential area, Bright Swans Day Nursery Ltd occupies a superb trading position with the front area converted into off road parking. The area is well linked by the A435 and public transport links are good.

REASON FOR SALE

The business is only being offered for sale due to our client’s other business commitments and interests.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 5 years. The current lease began in 2017 at a cost of £461 per week, there is an option to renew the lease after the 10 years is up.

BUILDING LAYOUT AND DESIGN

Bright Swans Day Nursery Ltd is housed within a spacious, property with parking to the front and a large, grassed play area to the rear.
The nursery is well branded with good signage on display. Inside, the business is spread across both the ground and first floor. The ground floor houses three large playrooms, each catering for children of differing ages from 6 weeks old to 5 years old, with age appropriate toys and décor in place. There is also a private office and toilets.
On the first floor are a further two playrooms along with a fully-equipped catering kitchen.
Each area has been finished to a very high standard, with good attention to detail and top-quality fixtures, fittings and equipment in place – all new as of September 2017. A full inventory is available on request.

STAFF

The business is currently operating with five members of full-time staff in employment including management. Under full capacity the nursery would operate with 8 members of staff.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business. The business has a projected first annual turnover of £456,000 with projected gross profits of £331,560 based on the 38 place it's registered for. There are currently 21 children attending, which will increase to 26 in April and 30 in May, for which deposits have already been paid for, though this figure is continually rising.

SUMMARY

This leasehold business is newly established and very well-presented. There is plenty of scope to develop the business further with the introduction of an owner-operator with a good amount of experience in this business sector. This proposition would therefore ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It may also be of interest to another similar business looking for instant expansion. Early viewings are strongly advised and are welcomed by appointment only. Fixtures:
Play Equipment

Outside Play Equipment

Tables & Chairs

Kitchen Equipment
Trading Hours:
MON - FRI: 08:00 - 18:00

Tenure: Leasehold

Location Details: Solihull

Leasehold Term: Rent: £461 Per Week

Downloadable Documents

Listed by: Abacus Day Nursery Sales

Find out more about this business opportunity.

 
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6095
Seller Reference:
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