Successful Private Childrens Day Nursery In Affluent Location | | Undisclosed Derbyshire | | DERBYSHIRE FREEHOLD/LEASEHOLD SUCCESSSFUL PRIVATE DAY NURSERY IN AFFLUENT LOCATION Converted property within ci residential area Capacity for 43 with large waiting list OFSTED rating 'Good' in 2011 A/T: £270,000 Full managment hierarchy in | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68008
ADVERT IMPRESSIONS : 16,793 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Childrens Day Nursery | | SALE: | Agent Sale | FREEHOLD: | £650,000 | LEASEHOLD: | £100,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Upmarket residential area with small Derbyshire market town
Delightful location and set within grounds of approximately three quarters of an acre
Middle and upper income demographic
Ample off road parking for set down, staff and visitors
HISTORY
Established in 1992 as a day nursery
Acquired by vendors approximately 5 years ago
Considerable improvements seen during tenure with investment of approximately £80,000 in infrastructure
Range of robust management systems introduced resulting in improved financial and administrative performance
Considerable attention to staff training and development
Ongoing focus on business development activity maintained ensuring excellent occupancy rates
OFSTED Inspection rating of Good in July 2011
Recognised Derbyshire County Council Childrens Centre
REASON FOR SALE
Vendors wish to pursue alternative business priorities
SERVICES
Day nursery for
o Babies (0 to 18 months)
o Toddlers (18 months to 3 years)
o Pre school (3 years to 5 years)
Highly supportive care service for all children with emphasis on safety, fun and education
Meals provided
Registered for a maximum of 43 children aged under 8
CUSTOMERS
Mainly drawn from immediate locality with large housing estate, retail park and commercial park close by
STAFF
Vendors (husband and wife with qualified teaching status)
17 childcare staff
o 12 trained to NVQ level 3
o 1 trained to NVQ level 2
3 support staff
All appropriate CRB checks in place
Management hierarchy in place with staff committed to personal development
TRADING HOURS
Weekdays 7.45am to 6pm
FINANCIALS
Annual turnover £270,750 (2010) with draft 2011 figure £269,274
Gross profit margin 25% (2010)
Adjusted net profit approximately £60,000 per annum
Staff costs circa £149,899 per annum
Approximately 70 children on the roll with waiting list
Occupancy rates average approximately 77%
PREMISES
A converted and extended residential property,
Upper Floor
Office
Attic store
Staff room
Second Floor
Kitchen
Staff WC
Baby room
Baby changing room
Baby cot room
Sleep and play room
Office
Ground Floor
Toddler room
Utility room
WCs
Main nursery
Kitchen
Externally
Decked play area
Canopied outdoor play area
Further play area
Wild seed meadow
Pre school play area
Parents conference room
STRENGTHS
Established over 20 years with excellent local reputation
Good recent OFSTED report
Highly trained and loyal staffing complement
Excellent and consistent financial performance
Significant infrastructure investment seen
Good website with work undertaken on SEO
Large quantity of play equipment included within consideration price
Competitive pricing structure in relation to local competition
Community play resources recently acquired
High quality childrens educational furniture from early Excellence Centre
Plenty of outdoor play space
SCOPE
Focus on cost reductions for corporate buyer could generate additional margins
Scope to raise fees currently competitively priced
Planning permission for conversion of upper floor to additional office space (partially completed)
Opportunity to establish after school care.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1178DE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
