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Established Desirable Childrens Nursery In Gloucestershire For Sale

Gloucestershire
Asking Price:
On request Furniture / Fixtures included
Turnover:
£300,000
Net Profit:
£80,000

Well established (34 years) reputable business
Long history of regular profit
Stunning location
Unique market advantages
Excellent, well trained and loyal staff
Excellent catchment area
Full management team in place
Full handover to be provided
Clean history, no outstanding threats of legal action.
No debt
This is a highly desirable business that was founded in 1984. The owner is retiring and would like to find the right buyer.
VENDOR FINANCING
There is some element of vendor financing available but parties unable to make a cash payment of at least 50% of their offer price are encourage to not apply. Note also that the higher the component of seller financing required (subject to a max of 50%) the higher the offer would need to be.
PRICE
There is no asking price. Interested parties will be provided the information necessary for them to come to a decision on price prior to making an offer. Please do not proceed with an enquiry if you need an "asking price" supplied to you. The vendor's price expectations are reasonable and in line with what similar businesses are fetching in the market.
INCLUDED WITH THE BUSINESS
Goodwill
Unique situational advantages
Excellent relationships with staff
Excellent relationship with local schools
Excellent relationship with landlord and other business partners
High quality records
Well documented systems and procedures
High parental satisfaction (documented)
Excellent relationships with colleges & FE institutions providing future staff
Other sources of high quality staff at low prices
Well kept accountancy records
Excellent credit history
Detailed staff employment, performance and training records
Good Ofsted rating expected to be upgraded to Outstanding at next inspection

Property information

Property:

Leasehold

Lease Terms:

7 years left, landlord is keen to renew.

Leasehold Rent:

£20,000 per annum

Location:

Exquisite, picturesque rural location

Premises Details:

Large, beautiful, airy, bright with plenty of outdoor (and indoor) play.

Energy Performance Rating:
F

Business Operation

Reasons for selling:

Retirement

Trading hours:

8 AM to 6 PM, M-F

Employees:
12
Years established:
34

Other Information

Support & training:

Full handover to be provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Up to 50% of the offer price. Price expectations will be higher if the buyer expects any element of seller financing.

Furniture / Fixtures value:
£10,000 - included in the asking price

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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