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Profitable Manchester Day Nursery For Sale

Greater Manchester, UK
Asking Price:
£335,000
Turnover:
£440,000
Net Profit:
£90,000

Owen Froebel are very happy to offer to market this popular nursery recently relocated to allow for additional places. The setting has been relaunched to market with updated figures showing a considerable increase in EBITDA. The setting is perfectly located for city commuters being based 6.5miles to the North West of the city centre. Registered for 48 places, the setting has quickly grown to fill the new space and seen a sharp increase in income as a result. The setting offers potential for other income streams with a rental community space or that space can be further utilised into the setting itself. The setting is well equipped with an excellent reputation and a Good Ofsted rating. Operating 52 weeks a year the setting is already running a waiting list in the new premises with no real advertising. The setting has previously run busy holiday clubs along with before and after school clubs but has not yet re-introduced these in the new space offering further opportunities for growth. Located to West of Manchester, the setting is placed on a main through road into the City in an area popular with professionals and young families

Property Information

Property:

Leasehold

Lease Terms:

9 years of initial 10 year lease remaining

Leasehold Rent:

£48,000 per annum

Location:

Located to the North West of Manchester, the setting is placed on a main through road into the City in an area popular with professionals and young families.

Premises Details:

Situated in a commercial property.