Property Title: 50945 Project Marple - Group of 2 Freehold Day Nurseries in Nottinghamshire

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 22 Oct 2024

Location: East Midlands

Guide Price: Bids Invited (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK 50945

Description

Two freehold properties which are also be offered on a leasehold basis
Combined capacity for 157 children the vendor chooses to operate at 137
Both settings rated Good by Ofsted
Turnover of £1.78m with an adjusted EBITDA of £800k for year end 2023

Project Marple - Group of 2 Freehold Day Nurseries in Nottinghamshire

Key Features of the Opportunity
Two freehold properties which are also offered on a leasehold basis
Combined capacity for 157 children the vendor chooses to operate at 137
Both settings rated Good by Ofsted
Experienced management team at both settings
Both settings offer ample gardens and car parking

Quick Look at the Financials
Turnover for year-end 2023 was £1.78m with an adjusted EBITDA in excess of
£800k
Turnover for year-end 2022 was £1.47m with an adjusted EBITDA in excess of
£627k

BIDS INVITED on either a freehold or leasehold basis
Interested in speaking with Us?
Karrina Lee on 01772 775 783
karrina.lee@redwoodsdk.com
And quote ‘Project Marple’ with reference no 50945