Day Nursery

Leeds, West Yorkshire
REF: 01181

Asking Price:
£99,950
Annual Turnover:
£180,000
Annual Net Profit:
£30,000
Recently Sold
REF: 01181
Photo of Day Nursery
Photo of Day Nursery
Photo of Day Nursery
Photo of Day Nursery

Overview

Tenure:
Leasehold
Established:
1998
  • AT: £180,000
  • NP: £30,000
  • Licensed for 40 Children (months-Years)
  • Viewing Essential

An extremely well established and practically positioned Children Day Nursery in Leeds. The business offers strong potential to build on existing foundations and is consistently profitable.

The business trades from a single story portable cabin style lock up unit that has been in its position for years.

The unit is very well laid out and furnished and is in need of no work whatsoever.

Intelligent Business Transfer are delighted to bring this well established Children day nursery to the market.

The business is suitably position with the grounds of a good sized primary school that is one of the most popular within Bramley, a suburb of the city of Leeds.

The business is hugely dynamic and facilitates day care for a broad age range. The business is segmented to allow space for each age group.

The business has been trading in its current state for over 15 years and has developed significantly over the past few terms. The business has benefited from significant investment since the current owner operator took over the business 6 years ago. Prior to this the owner worked within the business and is very well known and respected locally.

The business is licensed for 40 children; this allows for an abundance of space both internally and externally. There is a substantial amount of space surrounding the main building with a large grass playground suitable for all ages. This is securely fenced and in excellent condition.

There are currently 12 staff within the business; all of these are well qualified and have an excellent relationship with the parents and children. Most of the staff live locally and there are 6 full time workers in all.

The financial state of the business is very consistent and is steadily increasing year on year. The current revenue is just over £180,000 which produced a net profit of £30,000 in 2013.

The rent of the building is fair for the standard and position. The building is on a council lease and is almost guaranteed new starters due to the primary school location.

There is a recently developed website alongside the sale of the business, this is very user friendly and is a strong marketing tool for the business. There is tangible potential for expansion and growth within the business which would benefit from a hardworking owner operator who could utilise this potential and strong foundations already created by the owner.

The current owners wish to retire in order to focus on other business opportunities and is prepared to offer a generous handover period to any purchaser.

Viewing is essential.

Priced for an efficient sale.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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