Childrens Day Care For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this oversubscribed childcare and preschool business. Established in 1996, our client is offering this to the market in order to pursue other business interests. The level of service provided is excellent, offering a preschool curriculum for development, which is under inspection by the DENI (Department of Education for N. Ireland), a day care service complete with catered, balanced meals and an after school club, whereby children are collected from local primary schools. The larger business is registered to cater for 60 children and has a large waiting list. The other two, which are more recently established, are registered for 24 & 28. Weekly turnover is in the region of £10,000 and gross profit is approximately 97%. There are two potential new contracts in the pipeline, which, if attained as expected, will see a further increase in profits. There is also the option to extend the buildings on the freehold to cater for the strong demand. This would prove an ideal bolt on acquisition by some of the larger child care/nursery groups and we expect interest in this business to be considerable. Due to our client's wish to withhold many details of the business for discretion sake, SBS would urge early inspection to appreciate the scale and potential of this extremely profitable business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Lease to be negotiated
Rent: £16,000 per annum
Rates: £3,400 per annum
Freehold option available

Living accommodation:

PROPERTY DETAILS Large preschool and childcare centre spanning over an acre of land and 2 further leasehold sites.

Location:

This busy childcare and pre school business is spans over three sites in Northern Ireland, one of which is located on a large site spanning over an acre of land. There are 2 buildings, which accommodate children in seven, well equipped rooms. A large secure garden area provides a safe area for exploration. The other two sites are on leasehold properties.