Property Title: Project Asha - 47220

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 04 Feb 2020

Location: Cheshire

Guide Price: £2,500,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 47220

Description

EXCEPTIONAL CHILDREN'S DAY NURSERY IN NORTH WEST ENGLAND - FREEHOLD

An overview of the opportunity is as follows:

• Fee income of £620k per annum for the year ending 30 September 2020
• Adjusted EBITDA of £215k for the year ending 30 September 2020
• Capacity for 113 children from birth to ten-years-of-age
• Rated as “Outstanding” by Ofsted
• Experienced management complemented by extensively qualified, long serving staff
• Consistently operates at approximately 90% occupancy levels
• Exceptional opportunity for expansion and growth of profits


Redwoods Dowling Kerr proudly presents Project Asha, a fantastic opportunity to acquire a delightful family run children's day nursery situated in North West England and is being offered for sale on a freehold basis.

The nursery includes substantial property and is unique in the amount of land it has. This provides a host of opportunities to either build onto the existing property, expand by extending upwards or to build a completely new unit on the land available.

With a capacity of 113 children, the nursery provides care for children from birth to 10-years-of-age, with the setting being able to capitalise on the diverse age range due to the implementation of an out of school club operating throughout the holidays, before and after school.

The setting is supported by a robust structure of extensively experienced and knowledgeable staff that constantly develop their teaching to reflect the industries best practice, thanks to the support of management and senior members of the team. This approach to professional growth has allowed the nursery to deliver the highest standards of childcare, earning the setting an Ofsted rating of "Outstanding" after their most recent inspection.

This is a fantastic opportunity to acquire a long established and renowned childcare setting with an immaculate standing within the industry. The business is now being put onto the market as the current owners wish to retire but leave behind a nursery with excellent potential for further growth and development under the right ownership.

ASKING PRICE
Offers are invited in the region of £2.5m for the freehold


Call Natasha Satterthwaite quoting Project Asha