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OUTSTANDING CHILDRENS DAY NURSERY
Advised annual turnover of £311,973 with 20% gross profit
Excellent reputation within the area
Early viewing highly recommended
Scope for further development
High density residential area
Low annual rent of £15,480
Well established business
LEASEHOLD


Business History
Meridian Business Sales are delighted to offer to the market this outstanding children’s day nursery which has been established since 1989 and has been in the careful hands of our client since 1997. The only reason this opportunity is being offered to the market is due to our clients desire to take a well deserved retirement. Since establishing the business our client has built up a fabulous reputation in the area for the quality of care given to the children and for their exemplary health and safety record. The business is registered for 43 children and has outstanding and highly equipped facilities. The premises are bright and equipped to a very high standard with an outside play area which gives plenty of scope for physical activities. Our client’s policy is to create an environment which children love being a part of, that they will remember fondly and where they will prosper mentally and physically in an environment where their self-confidence can only blossom. We are advised of a very respectable annual turnover of £311,973 with high gross profits which is derived from the day care of children both locally and further a field. Our client is very proud that they operate a multi-cultural business and have gained excellent reports from Ofstead. They currently run the voucher scheme and have the facilities to accommodate children with disabilities. There are local schools within easy reach of the nursery which is ideal for a business of this nature. This is a rare opportunity to purchase a thriving business with great potential for further development and as such early viewing is strongly recommended as businesses of this calibre rarely stay on the market for long.



Property:
Leasehold
Lease terms:
Leasehold
Original length: 15 years
Remaining: 3 years
Review: 3 years
Rent: £15,480pa


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