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Wednesday 24th of May 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£110,000

Busy Children's Day Nursery In Birmingham For Sale Premium Advert

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Reference12462-C H / RightBiz
Status
FOR SALE
Advert ID193009
LocationBirmingham, West Midlands
SectorChildrens Day Nurseries, Play Centre
Leasehold Price£110,000
Annual Turnover£173,758
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BUSINESS
Hilton Smythe welcomes to the market this popular children’s day care business, which is ideally located within the city of Birmingham, West Midlands.

The business was established by our client in November 2013 and is only now being offered to the market due to our client’s other business interests. The business operates 5 days per week and generates a turnover in the region of £174,000, with a gross profit of approximately 85% as per 2015 accounts.

The nursery provides top quality care for children between the ages of 6 months to 5 years old, providing a stimulating environment, where children can learn and feel secure in a homely caring atmosphere. The staff are all passionate about the early year’s sector and are first aid trained to ensure the safety of the children. The nursery is registered for a capacity of 50 children and currently have 15 registered. The business is supported by Birmingham City Council, who pay for 30 hours per month per child. The business has been rated as Outstanding by OFSTED.

The business has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by embarking on a modest marketing campaign to highlight the excellent services offered. The business already has a website in place to promote the business.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.


LOCATION
The nursery occupies substantial ground floor premises, ideally located within the bustling city of Birmingham in the West Midlands. The business is situated within a densely populated residential area, from which the nursery derives much of its trade.

Birmingham is a major city and metropolitan borough in the West Midlands. It is the largest and most populous British city outside London, with a population in 2014 of 1,101,360. Birmingham is packed full of exciting attractions, from a state-of-the-art library to a world class shopping centre and even a real-life chocolate factory. The city is renowned for its dining scene, which ranges from the flavourful family-run eateries of the Balti Triangle to its Michelin-star restaurants.

The area of the property is very well served by the public transport system, with several bus stops within easy walking distance of the business.

PREMISES
Substantial ground floor premises in an ideal trading location, briefly comprising:

Security lock door.
Reception area with desk.
Entrance door to nursery.

Large room divided into four areas.
2 x pre-school sections.
Library with reading area.
Dining area with tables and chairs.

Kitchen with:

Washing machine.
Refrigerator.
Wall and base units.
Sink unit.

Staff room with seating area, table & chairs and desk with computer and printer.
Managers office with 10 x camera CCTV system.

Toddlers room with miscellaneous toys.
Baby room with 2 x cots.
Children’s toilet block with 6 x WCs and wash hand basins.
Staff WC.
2 x storage rooms.
Large room which is currently unused.

External:

Secure outside play area with playhouse, 2 x slides, climbing frame, rubber matting, artificial grass area and storage building.
Large rear car park with 4 x allocated spaces (staff only).
Parents access via separate entrance on side street with free on-street parking.
Well signed on main road.

The property is fully alarmed.

TENURE
We are advised leasehold:

Our client has the lease for the whole building and has another business on the first floor.

New sub lease to be agreed.
Rent: £2,000 per month.

HOURS
The business is open:

Monday – Friday: 8.00am – 6.00pm
Saturday – Sunday: Closed

STAFF
The business is owner run and managed with 6 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £175,000, with a gross profit of approximately 85% as per 2015 accounts.


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