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Business For Sale. Montessori Nursery School Leasehold Established And Highly Subscribed With Exceptional Demand Childr

LISTING DETAILS
Firms For Sale ID:
35093
Vendor reference:
CE231
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,300,000  
Turnover / revenue:
£697,000
Net profit / cashflow:
£340,000
Years established:
15
Trading hours:
Monday - Friday: 08:00-18:00
Number of employees:
16
Employees / staffing:
The vendor is supported by 16x full time staff members, 15x of whom are fully qualified.

OTHER DETAILS
Reason for selling:
The vendor has decided that due to health issues, it would be wise to pass this successful business to a new owner.
Support and training:
The vendor is happy to stay on at the business for an agreed period to ensure a smooth handover for a fee to be negotiated.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is located in a recently refurbished Church Hall with outstanding facilities both inside and outside and comprises: 2 floors 6 rooms: large 1st floor hall, office, babies room, unused room, ground floor hall and well equipped kitchen. The premises are held on a 7 year lease commencing in 2013 with automatic rights of renewal under the LTA.
 
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BUSINESS DESCRIPTION
Montessori Nursery School
Established and highly subscribed with exceptional demand
Children aged 6 months to 5 years
Ref. CE231
Location : Greater London (North)
Asking Price : £1,300,000 plus net assets
The company has been in business since 2005 and is an established nursery school for children between the ages of 6 months to 5 years and is managed stringently within the Montessori framework for early year’s education. The business has a well established reputation and demand is growing month by month – the vendor has created a highly stimulating, enjoyable and rewarding environment for the children who attend and this is very much reflected in the high praise that it attracts.
“Staff effectively implement the requirements of the Early Years Foundation Stage, as well as using the Montessori philosophy, which they deliver to an exceptional standard. The quality of teaching is of an extremely high standard, which is reflected in the children s free play as they actively put into practice the skills they are learning." OFSTED
The business is well structured with an excellent trading history and repeat customer base showing continuous profit.
The owner has previously owned and managed a successful nursery school in Leicestershire and upon relocating to North London, chose to establish a nursery school on the Montessori methodology and since its foundation in 2005 has gone from strength to strength.
Health issues have now caused the owner to consider her personal situation and she believes that the best interests of the school and the children would be best served by passing the business to a new owner with the energy and drive to take advantage of this growing business and it’s potential.
The business is profitable with no bad debts and offers a highly competitive service.
All necessary equipment is in place that is required to run a successful operation and a full inventory of the equipment is available to all genuinely interested parties.
The company is experiencing a constant demand from parents.

Expansion Potential
The business is easy to run as the owner has built up an infrastructure to ensure a smooth operation. Sound foundations have been laid to accommodate future growth that could be achieved with a new owner more inclined to accept the increased work demand that growth requires.

Possible areas for growth include:

Exploit capacity and take on more children
Extend weeks of operation
Longer hours 7-7
Increase in fees.

Market / Competition / Non-Competition Agreements
The business does not carry out formal advertising or marketing activities and has profited from strong word of mouth referrals and recommendations among prior parents and local schools.