Large, Purpose-Built Day Nursery with Growth Potential For Sale in Monmouthshire, South Wales
Undisclosed, Monmouthshire
- Status
FOR SALE
- Date Submitted:
13/02/24
- Advert ID
606721
- Reference
3689 / Rightbiz
- Call Agent:
- Leasehold: £320,000
- Rent: £27,600
- Turnover: £380,000 (£7,308 Per week)
- Net Profit: £89,000 (24% Profit margin)
Key Features
- Company for Sale
- Accounts Available
- New Lease
- Established Business
- With Car Park
Business Details
South Wales Day Nursery For Sale
A large purpose built nursery located close to the Welsh border and 35 miles from Cardiff. Situated just off the A40 with a large catchment area. Registered for 51 children the setting has a long established team and excellent local reputation. Currently running at approximately 48% occupancy the nursery offers a large scope for further growth with an already excellent EBITDA of 23.49% of gross at current levels. The property is leased and currently has 8 years of a 10 year lease remaining. The landlord is happy to reissue a new 10 year lease if required. The setting has a day rate of £60.40 per day with a predominantly fee-paying clientele equating to 69.15% of the income. Ref: 3689
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Listing Statistics
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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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