8935B WEST MIDLANDS L/H£350000 PRE-SCHOOL NURSERY
Business for sale
Asking Price:
£350,000
Turnover:
£214,000
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales are delighted to offerto the market this extremely well established
pre-school nursery, which has been trading
successfully since 1993.
The current vendor has been in ownership
since its inception and is reluctantly selling
due to their retirement plans.
The nursery was built in 2004 under the
Neighbourhood Nursery Initiative when the
business moved from mobile classrooms into
this new building that is unique in both
concept and design. It is attached to the
primary school building, with two link doors
offering direct access. This naturally
encourages progressive mixing with the
primary school particularly the Foundation
Level and Key Stage 1 department.
This fantastic pre-school nursery is therefore
a purpose built unit with 50 places and is
fully booked for year September 2008 to
2009.
The dedicated staffs look after very young
ones and increasingly nurture them, so that
moving to the primary school is a natural
progression.
12 employees work a variety of full and
part-time hours. They are paid an hourly
rate, 50% pay during the 7 closed weeks.
The premises have the added security of
CCTV and secure electronic doors to the
front and rear.
The standards of décor, layout, fixtures and
fittings are co-ordinated and of a very high
standard. It is a one off and an example to
others. With a fantastic fee income and
excellent profits, this is definitely an
opportunity not to be missed.
A prospective buyer will be either an
investor who will raise one the present staff
to manage or a person who has experience in
nursery work and will manage the business
themselves. Either must have OFSTED
childcare registration.
REF: 8935B
TRADING HOURS
Mon-Fri: 8am – 6pm term time, plus
5 x Holiday play weeks
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £214,000
Gross Profit: £204,237
Net Profit: £80,000
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
.
At the front of the building behind a railed
boundary fence is a well equipped play area
boasting soft play, fixed climbing equipment,
permanent sand and water facilities,
children’s benches and play panels. There is a
large brick built store for other moveable
outdoor equipment and a UV shade shelter
that also doubles as a rain shelter for
parents.
This leads to a security front door and
carpeted corridor leading to the main
cloakroom and office, the ‘Under 3’s Room’
(registered for 38) and ‘Over 3’s Room
(registered for 12), the kitchen and adult
toilet. There is also a link door leading
directly into the primary school.
The ‘Over 3’s Room’ is vibrant, large and
airy. It can be used as one open space or
divided into 3 with dividing sliding doors. It
has a purpose designed ‘messy’ area with
appropriate flooring, the rest of the room
being carpeted in ‘Flotex’. This room has its
own toilets.
Employee details
Fulltime staff:
12
Parttime staff:
0
