Property Title: Group of 3 freehold nurseries - South East

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 09 Nov 2020

Location: South East England

Guide Price: £0 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK47388

Description

3 CHILDCARE SETTINGS IN THE SOUTH EAST OF ENGLAND - FREEHOLD/LEASEHOLD

An overview of the opportunity is as follows:


• Combined turnover of over £1m for the year ending 31st May 2019
• Combined EBITDA of £329k for the year ending 31st May 2019
• Combined capacity of 261 children between the age of 3-months to 11-years old
• Offers both infant care and breakfast/after school clubs for primary school children
• 1 setting Ofsted rated as “Good” and 2 “Requires Improvement”, for which actions plans have been put in place
• Potential for future expansion and growth
• All 3 nurseries are unencumbered, freehold day nurseries

Redwoods Dowling Kerr proudly presents Project Stone. Project Stone represents a fantastic opportunity to acquire a group of 3 renowned day nurseries, situated in the South East of England.

They operate across 3 ideally located and closely linked settings, conveniently connected to the surrounding areas with excellent transport links.

In addition to offering high-quality childcare for infants between the age of 3 months to 5 years old, the settings can offer a breakfast and afterschool club for primary school children; this includes chaperoning to one of the many local primary schools. This service is extended to full days at the nursery during school holidays.

The settings have a total combined capacity of 261 children across 3 freehold locations. Operating Monday to Friday, 2 of the settings are open from 08:00 to 18.00, with the third setting offering to open from 07:00 to 19:00 for an additional hourly rate, all excluding Bank Holidays and the Christmas period.

The directors are supported by a robust organisational structure in place across the 3 nursery locations. There are an experienced team of managers who can confidently ensure smooth day-to-day operations, along with a cohort of highly-qualified and pro-active staff.

Care staff undergo an extensive vetting process and possess all relevant certifications and qualifications, including a paediatric first aid and food hygiene certificate. Most of the staff hold NVQs at Level 3 in Childcare, and the others are working towards achieving this. This is reflected in the latest ratings from Ofsted with 2 of the nurseries receiving a “Good” and 1 receiving a “Requires Improvement”; an action plan has been put in place by the management team to improve this rating to align with the other settings.

The vendors are now looking to focus on opportunities closer to home. They leave in place a renowned and highly-profitable nursery group, with great scope to further increase income.

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quoting 47388