Property Title: Project William - London

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 22 Oct 2021

Location: London

Guide Price: £1,100,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK 47398

Description

PROJECT WILLIAM

Fantastic opportunity to acquire a well-established independent Children's Day Nursery in London Leasehold
OVERVIEW
Redwoods Dowling Kerr are excited to present Project William, the opportunity to acquire a well-established children's day nursery. Boasting an excellent reputation of providing outstanding childcare throughout.

KEY ATTRIBUTES
• Current capacity is for 66 children
• Possibility of expansion to 90 children
• Rated as “Outstanding” by Ofsted
• New 15 year lease available
• Considerably trained and remarkably experienced management team in place
• Proficient team of early years practitioners in place
• Prominent potential to expand and grow the business
• Close to mainline, underground, overground & DLR stations
• Prime London location

FINANCIALS
• Turnover of £1.047m for the year ending March 2020
• Adjusted EBITDA of £329k for the year ending March 2020 - *Before rent

DESCRIPTION
• The nursery was initiated out of necessity in 2015
• Situated in the most unique setting, truly a one off location
• Professional care for children aged 6 months to 5 years of age
• Extended up to age 7 throughout holidays with holiday camps
• Operates from 08:00 to 18:00, Monday to Friday, 50 weeks of the year
• Enclosed current courtyard with a Forrest Garden, Greenhouse, and 3 individual enclosed garden areas

STRENGTHS
• Track record of income and profit
• Genuine growth potential due to the capacity recently increasing
• Historically good occupancy levels (70%/80%)
• Maintained to an incredibly high standard
• Four outside playgrounds with communal courtyard for parents
SUMMARY
Project William is an ideal opportunity for someone who is seeking to acquire a
well-established day nursery. The setting offers tremendous potential for growth and considerable opportunities to maximise profits.
CONTACT
Asking Price: Offers Invited
Call Jenna Caldwell on.
Quoting: Project William: Ref 47398