A highly desirable nursery registered for 30 children. Rated Good by Ofsted
T/O YE March 2020 £145,772 - EBITDA £57,620
Outdoor play area, Ideal location with an enviable reputation
Scope to expand, viewing highly recommended
A highly desirable nursery registered for 30 children. Rated Good by Ofsted, T/O YE March 2020 £145,772 - EBITDA £57,620, Outdoor play area, Ideal location with an enviable reputation, Scope to expand, viewing highly recommended Leasehold REF 46608
This is a fantastic opportunity to acquire Little Angels Nursery, a business that was started from scratch 12 months ago and has quickly achieved an enviable reputation, with high occupancy levels, an excellent turnover and staff, yet maintaing genuine scope to double capacity.
Little Angels Day Nursery occupies a substantial property in New Milton that has a second room available to expand into, subject to landlords approval.
The business is currently run by the vendor, with a deputy manager in place who is capable of holding Ofsted registration.
The business has flourished since its establishment in 2017, and continues to be a well renowned and well respected nursery school with an excellent reputation for quality child care and staffing.
The nursery is often full, with an average occupancy in the order of 95%, and a waiting lists for places.
The nursery caters for children from birth to 5 years of age.
Little Angels Nursery occupies a large room to the first floor which is sub divided into sections with furniture.
To the rear of the main hall is a sleep room with cots, which can also be utilised as a sensory room. Additional storage facilities are to the rear of the building in a shared storage area.
The property is secure and offers a caretaker facility and a buzzer system to the nursery.
The nursery has its own kitchen which is to be upgraded soon by the landlord at no increase in rent.
In addition to the room the rent includes all bills and rates. There is an additional room for hire which the landlord allows the nursery to use when vacant, this could be permanently leased, offering scope to double the capacity, subject to planning permission.
The nursery is close to New Forest which results in children having exciting day trips out, and with the local park next door there is ample play space on the doorstep. The vendors are also in talks with the landlord to secure an outside play space on a permanent basis.
Summary. Little Angels Nursery offers a wonderful opportunity to acquire a newly established, successful and highly respected day nursery, which continues to go from strength to strength and is set in a superb location.
A viewing is highly recommended to truly appreciate the quality of the business.
Is accommodation included?: