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50-Year Established Cheltenham Playgroup for Sale - Prime Location, High Profit, Growth Potential

Undisclosed, Gloucestershire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/11/22

  • Advert ID

    504308

  • Reference

    49918 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £150,000
  • Turnover: £147,085 (£2,829 Per week)
  • Net Profit: £96,259 (66% Profit margin)

Business Details

Playgroup Gloucestershire

Established for over 50 years and under its current ownership for 21 years.
Fees income for year end 2023 £147,085 with a net profit of £96,259 The business operates limited hours, but there is huge scope to increase.
Solid reputation with OFSTED.
A superb opportunity to acquire a well established playgroup which occupies a delightful setting in a well-populated area of Gloucestershire. The business offers places for 30 children per session (however this number is not ruled by Ofsted) 60 registered children - from 3 to 5 years of age and is only being offered due to retirement. Profits in excess of £90,000 per annum. Ref 49918 Ref: 49918
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Playgroup Gloucestershire - 49918 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.