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Redwoods Dowling Kerr are pleased to announce the sale of Davyhulme Nursery; a first class Children’s Day Nursery located in the Greater Manchester area. The business was bought by First for Childcare Ltd, who own multiple nurseries – several of which were purchased through Redwoods Dowling Kerr in the past.
The nursery occupies a prominent and accessible position in a sought after, predominantly residential area - with the Trafford Centre and Manchester city centre within easy reach. Major commuter routes and public transport facilities are close at hand and the nursery therefore attracts children from neighbouring towns and villages as well as being popular with parents who travel en-route to their workplace
Registered for 49, the nursery has successfully operated in the locality since 1992 and, during that time, has earned a truly enviable reputation with historically high occupancy levels, and enjoyed regular referrals and recommendations. The vendor, Mrs Riley, decided to place the business on the market as she wanted to move back to Ireland to be closer to her family.
Once on the market, the business received high levels of interest, with seven impressive viewings. The purchase was funded through Barclays Bank and sold for an undisclosed sum.
The purchaser commented “Having evaluated the main agents in the marketplace we chose to work on an exclusive basis with Redwood Dowling Kerr. Our decision was based on several factors including dedicated Account Management, hands on Senior Directors, ability to attract the best nurseries to market and end to end management of the deal for both vendor and buyer. We have felt supported throughout the entire deal. The service is so good we are already working on the next two acquisitions."
Sarah Ellison, Sales Negotiator at Redwoods Dowling Kerr commented “I am pleased the sale has now come to a successful completion. The sale was slightly challenging, but the commitment of both the buyer and the vendor to the sale was outstanding. I wish Mrs Riley all the best with her move, and I am looking forward to carry on working with the buyer in acquiring more nurseries this year.”
To book a free appraisal of your childcare setting, or to simply to find out more information, call us in confidence on 0844 2488 282 or email firstname.lastname@example.org
Associate Director – Mathew Parkinson