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Redwoods Dowling Kerr are delighted to announce the sale of Flowertots Day Nursery located in Lancashire.
The sale follows on from Redwoods Dowling Kerr’s success so far this year in terms of the number of childcare businesses sold, with 45 sale completions between the start of the year to the end of July.
The childcare setting is currently registered for 38 children, providing quality care for children from birth, through to five years of age.
The nursery occupies a prominent position amongst a large number of residential dwellings and commuter routes. As such, the business attracts children from the locality, neighbouring towns and villages, and is also popular with parents who travel en-route to their workplace.
Having successfully operated by the confidential seller for a number of years, the business has developed an excellent reputation within the local community for providing excellent standards of care. The vendor only decided to sell due to other business commitments.
The sale represented an ideal investment opportunity for a first time buyer, as well as for an experienced operative who already has a presence within the childcare sector.
Following two viewings, which resulted in two offers, the freehold setting was acquired by a private experienced operator, who cited the location as a key feature that attracted them to the business. Sale completion took just two months.
Karrina Lee, Senior Childcare Negotiator at Redwoods Dowling Kerr comments: “I am pleased that we have come to the end of another completion. The sale provided an exciting opportunity to purchase a successful children’s day nursery and a valuable freehold property which occupies a convenient setting. I wish the buyer and the seller all the best for the future.”