Childrens Day Nurseries for sale

View the "TWO PRE-SCHOOL MONTESSORI NURSERIES - PROSPEROUS LOCATIONS - M4 CORRIDOR - WEST OF LONDON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

TWO PRE-SCHOOL MONTESSORI NURSERIES - PROSPEROUS LOCATIONS - M4 CORRIDOR - WEST OF LONDON

  • Leasehold Price: £130,000
  • Annual Turnover: £172,329
Seller Reference: DN.1379
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Business Description
 
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Seller Reference: DN.1379
Request Details
Business Description
TWO PRE-SCHOOL MONTESSORI NURSERIES - PROSPEROUS LOCATIONS - M4 CORRIDOR - WEST OF LONDON

Two Montessori Pre-School Nurseries well located both in highly populated locations about 3 miles apart for ease of management. One of the sites has potential for development into a Full Day Nursery.

NURSERY ONE - SPACE / ACCOMMODATION 24 CHILDREN (AGE 2 TO SCHOOL AGE)

The Premises are occupied on a rolling lease from the Church Commissioners at a rent of £12,000 per annum.

The premises comprise:- Main Hall. Store. Toilets including disabled facilities. There is a further room at first floor level available for meetings with parents.

Outdoor Play Area. Use of adjoining school facilities and within easy walking distance of nearby public recreational walkways.

The Nursery operates term time only (38 weeks per year). Scope to open additional weeks for holiday clubs but limited for opening longer daytime hours as the hall is often used for other purposes in the early evenings.

NURSERY TWO - SPACE / ACCOMMODATION 24 CHILDREN (AGE 2 TO SCHOOL AGE)

The Premises are occupied by way of a rolling lease from the Church Commissioners at a rent of £12,360 per annum.

The premises comprise:- Main Hall / Classroom. Kitchenette. Private Meetings Room. Toilets for children and separate for staff.

First Floor:- Additional Classroom. Storeroom.

Outside:- Good sized outdoor hard surfaced play area. Outside Store. Parking driveway.

N.B. This Nursery has sole use of the space occupied and, subject to agreement on additional rate, it is considered that the business could be extended to develop a full Day Nursery facility for which we consider there would be strong demand.

Trading Accounts for the year to 31st March 2019 show combined Sales Income for both sites amounting to £172,329 with profit including director’s salary of £58,000 which we consider has potential for increase if a new owner decided to expand the business into full day care at the Nursery with scope to do so.

Currently Nursery One operates five morning sessions with lunch and two afternoon sessions. Nursery Two offers five morning sessions and five afternoon sessions with lunch club, or full time with or without 30 hours funding.

Price required for goodwill, tenancies, tenants’ fittings, fixtures, utensils, furnishings and equipment:- £130,000 STOCK EXTRA AT VALUATION (I.E. UNUSED STATIONERY, FOOD STUFFS)
Tenure:
Leasehold
Location Details:
Two Montessori Pre-School Nurseries well located both in highly populated locations about 3 miles apart for ease of management. M4 corridor - West of London.
Listed by:
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