Property Title: Project Theo - Lancashire

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 17 Feb 2023

Location: North West England

Guide Price: £1,550,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK 49718

Description

ROJECT THEO - OPPORTUNITY TO ACQUIRE a substantial freehold nursery in Lancashire
Highlights
Rated as “Good” by OFSTED.
Current capacity for circa 55 children aged from birth to 5 years of age with opportunity for further expansion
Property is held on freehold basis
Well established
Strong management team in place
FINANCIALS

Turnover of £547k with an adjusted EBITDA of £260k for year-end March 2022
Turnover of £438k with an adjusted EBITDA of £220k for year-end March 2021
Turnover of £554k with an adjusted EBITDA of £243k for year-end March 2020
ASKING PRICE
BIDS INVITED to include the freehold property
CONTACT Call Karrina Lee
Quoting: Project Theo, Ref. 49718