Group of Two Day nurseries registered for 47 and 76 children. Would Consider selling seperatley
Fee income Aug 2020 £446,016 with EBITDA in excess of £95,000. Outstanding & Good Ofsted.
New Lease to be assigned for 10 + Years
Established 2 site nursery in sought after town centre location. Call 01772 775780 for more details.
Ref: 43181 - 2 Impressive detached day nurseries registered for 47 and 76 children. Highly sought after residential area. Fee income Aug 2020 £446,016 with EBITDA in excess of £95,000. Outstanding & Good Ofsted. Recently extended and renovated. Vendor would consider selling separately.
These highly attractive children's day nurseries are located in the attractive Somerset town of Taunton. Taunton being, a charming and historic market town and one of the largest residential areas within Somerset. There is excellent train and road links with easy access to the M5 Motorway and sitting on the gateway to the North Somerset Moors.
The business benefits from two enviable locations right in the centre of the town near the main high street and centre. Choo Choos Nursery & Preschool is well positioned to attract parents from the substantial surrounding population to the North of the town, while Chuggers operates in the main shopping area adjacent to Sainsburys and within easy reach of the South East of Taunton.
The current owner has created an enviable business over 20 years , one of the buildings has been purpose built to provide spacious nursery accomodation and the other has been recently (2018) refurbished to a high specification to expand and accommodate the growing need within the surrounding area.
Chuggers has recently undergone a complete refurbishment. It now accomodates a maxium of 76 children and was one of six government backed projects within Somerset.
Choo Choos Nursery & Preschool has been established since 1999 and is currently registered for 47 and is at full occupancy. . Chuggers was established by the vendors in 2013 and is currently building numbers following the significant renovation.
Both nurseries currently bring an annual turnover of some £447,000 and growing annually. The more recent of acquisitions, Chuggers & Choo Choos has had the building fully renovated by the vendors and both properties are in excellent condition throughout.
Choo Choos Nursery & Pre school 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 a
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.
Is accommodation included?: