Children’s Day Nursery & After School Club For Sale

Business description

This purpose built day nursery has been carefully designed around the needs of babies and young children. The building is newly renovated with state of the art facilities that include separate bright playrooms for each age group, which are fully equipped with age appropriate play equipment plus dedicated cot rooms for children 0-2 years. A daily plan of activities is in place for each room, which aims to provide the children with a well structured day filled with lots of different learning experiences.

This first class very lucrative business is situated within close proximity to many local primary schools in a prime residential location within one mile of the town centre and in close proximity to recreational grounds. It is renowned for its happy and homely atmosphere and for providing the best child care available to parents. The building is scrupulously clean and excellent healthy fresh food is prepared on site every day.

Established in 2006, the nursery retained a high occupancy through its excellent reputation, with local demand for its superb services coming through recommendation. The centre offers full and part time places giving flexibility to the parents. With such high standards of childcare there is always a waiting list of children wishing to join, purely on recommendation from others. The nursery is built on trust, fun things to do and importantly is affordable for parents with very competitve rates.

The dedicated nursery staff are a good mix of people across a wide age span and deliver high quality childcare through their expertise, giving children an enjoyable place to play and learn, while taking part in a wide range of activities to keep them busy.

Equipment

The centre is equipped with a mini cinema, one ball pool and two out door play areas plus other age appropriate play equipment. All equipment is kept to a high standard and the children can enjoy a mixture of free play, group and individual play, outdoor play, quiet time, reading and story time, arts and crafts, music and singing, creative play, dressing up, role play and cookery.

Quality Assurance

The business provides a professional and clearly worded policy statement outlining their standards of care and what is required of both parents and children. The business complies with Environmental Health policies, Health and Safety at Work, and is registered with the
HSST - Health and Social Services Trust. A daily report is prepared for parents on their child’s diet and sleep times.

The nursery is registered for 9 babies, 18 children between 1 and 2, 24 toddlers (2-3 yr old), 13 pre-school children (3-5) yrs old, 9 after school club places (5-12 yr old).

Clients

There is no shortage of parents wishing their children to enjoy this excellent facility of activity and learning.

Customer Service:

Staff are selected for their commitment, enthusiasm and caring nature, whilst providing a service which is second to none. Most staff have been employed at the nursery since its opening and the business enjoys a very low staff turnover.

Key Strengths:

The business provides full day care facilities for children aged from six weeks to twelve years old and has had two excellent inspection reports for two consecutive years. The centre provides a “home from home” atmosphere with the ability to cater for the individual needs of every child in their care. The building is fully secure with secure access systems and has individual play areas for babies, toddlers and school age children all fully equipped with fantastic facilities and equipment.

The aim of this child care centre is to offer children and parents quality childcare in a safe, stimulating and friendly environment in which the children’s personal development flourishes by providing a range of activities. Staff understand what is important to both parents and children.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for 2008 forecast circa £300,000 with estimated Net Profit for 2008 circa £90,000.

Property information

Property:

Freehold

Location:

The property is located approximately 1 mile from the town centre and is easily accessible, being positioned at the entrance to a private residential estate. The well presented building is in excellent condition and kept in good order both inside and out.

Lower Ground Floor

The lower ground floor comprises of a lobby area and two playrooms. There are staff toilets, separate girls and boy’s toilets, children’s toilets and a store room as well as nappy changing facilities.

Ground Floor

The ground floor comprises of a lobby area, two cot rooms, a baby room, kitchen, two other playrooms, nappy room, children’s and staff toilets.

First Floor

This floor comprises of a staff room, office, staff toilet, hot press and playroom with further toilet facilities.

Outside

The premises have a fire escape staircase to the rear of the building. Outside there is car parking to the front of the building plus a fenced and decked play area. To the rear there is a secure walled playground with safety surface and double access gates leading to the rear garden.

The vendors own the freehold of the property, which is included in the asking price of £1.3 Million. The freehold is currently valued at between £750-800,000.

Should the freehold not be required, the asking price of the business would be circa £500,000 and the owners would negotiate a new lease for the premises at circa £30-35,000 rental per annum.

Other information

Expansion potential:

This centre attracts many children whose parents appreciate the level of safety, care and attention their children receive. Due to the clever design of the building all rooms lend themselves to cater for every age group, thus allowing rooms to be swapped around depending on demand for a specific age group.

There are many excellent avenues for growth, especially with additional staffing and further promotion of the services, with high demand for weekends this could lead to future growth and development. The partners are currently splitting the monthly drawings of circa £5,000 per month, which could go to one new owner.

Competition / Market:

The business has a website but uses limited marketing. A high percentage of children attend the nursery due to word of mouth recommendation and its excellent reputation

Support & training:

The owners are happy to assist with a handover to ensure a smooth transition of ownership.

Reasons for selling:

The vendors now wish to retire.

Trading hours:

Monday – Friday: 7:30 – 6:00 pm