An independent children’s day care nursery to include the freehold
Ref. CE211
Location South Wales
Asking Price £1,400,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase of an independent children’s day care nursery to include the freehold.
Key strengths:
The business has the following key attributes:
• A very well-established, well managed profitable day nursery.
• CSSIW registration for approximately 70 children.
• Attractive, freehold premises in a prime location.
• Excellent reputation for high standards of care and customer service.
• ‘Wrap around’ care to include school collections and drop offs.
• Holiday club provision.
• Well-trained and highly experienced staff.
• Excellent growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for a company already operating in the children’s day care nursery sector.
• An excellent ‘starter’ opportunity for an organisation or an individual looking to establish a foothold in the children’s day care nursery sector.
Financial profile:
For the financial year ending September 2013, the Nursery generated turnover of almost £340,000 and an EBITDA before Directors’ costs of £82,100 and in the current year to the end of July, turnover was almost £445,000 with an EBITDA of almost £150,000.
The Asking Price of £1,400,00 is for a sale of 100% of the Issued Share Capital in the Limited company on a cash free, debt free basis, to include the freeholds recently conservatively valued at £550,000.
