Property Title: Project Canary - 3 day nurseries, West Yorkshire

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 03 Jul 2020

Location: West Yorkshire

Guide Price: £900,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: 47651

Description

Group of 3 Children's Day Nurseries in West Yorkshire
2 leasehold premises and 1 freehold (property value circa £300,000)

An overview of the opportunity is as follows:
Combined income of £1.4m for year ending 30th November 2021
Adjusted EBITDA of £350k for the same period *
Combined capacity of 150 places
2 settings are rated ‘Good’ by Ofsted with the third to be inspected
Robust organisational structure and team of dedicated and highly qualified staff
Operating at a high capacity with regular recommendations
Convenient and accessible settings, presented to a high standard throughout
Potential for further growth and development

Redwoods Dowling Kerr are proud to present Project Canary. Project Canary represents the unique opportunity to acquire a group of 3 children’s day nurseries located in West Yorkshire.
In 2010, the vendors purchased an established day nursery and opened their first setting. This setting is situated in a desirable residential district. It considerably benefits from a prominent and accessible position, with a main road frontage. The nursery has a capacity for in excess of 60 children aged 0-5 years of age.
Their second setting was established a few years later. This childcare provision occupies a prime trading location in another desirable residential district. The nursery has a capacity for 45 children aged 0-5 years of age.
Lastly, in 2018 they established their third setting. The nursery is situated in a rural village location with a capacity for 38 children aged 0-5 years of age.
The group of nurseries are supported by a robust organisational structure, reinforced by a comprehensive team of dedicated, highly qualified and long-serving early years practitioners. Each member of staff is extensively trained and benefits from continuously upgrading feedback and improvement. This is reflected in the second setting's ‘Good’ Ofsted report upon its most recent inspection. The other two settings are currently awaiting to be inspected by Ofsted.
This is a fantastic opportunity to acquire an established and highly reputable group of 3 childcare settings. The nursery group boasts high occupancy levels and income, whilst still holding genuine potential for growth and expansion.

Asking Price
Offers Over £900,000 for the group

Call Sarah Ellison quoting Project Canary