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Under Offer: Project Bonnie Scotland

Undisclosed, Dumfries and Galloway

CONFIDENTIAL SALE

  • Turnover: Not Applicable
  • Net Profit: £43,873

Business Details

Group of 2 freehold nurseries opportunity with two well-fitted properties
Combined capacity of 163 children, although vendors choose to limit the capacity and have not re-introduced the out of school provisions
Turnover of £592k for year ending February 2021, with an adjusted EBITDA of £198k for the same period
Received "Very Good" assessment from Care Inspectorate
Opportunity to acquire a superb group of two freehold childcare settings in Scotland. Established by the present owners in 2005. Both settings closely located. Promotes creative and critical thinking in children. Possesses various accreditations, Received "Very Good" assessment from Care Inspectorate. Large waiting lists at both sites. The group has an excellent reputation in the local area and has the potential to expand to other areas in Scotland. One setting has the opportunity to acquire a secure grassed area next to the main site, allowing space for an extra building. An outdoor classroom could be built just 20 minutes from one site, becoming a 16-place outdoor nursery. There are hundreds of affordable houses planned in the local area which will increase the demand for early learning settings in the region. Ref: 48744
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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.

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

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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.

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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.

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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.

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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.'.

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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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