Property Title: Project Papaya - Group of 2 Day Nurseries - North East of England - 51322

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 24 Mar 2025

Location: North East England

Guide Price: Bids Invited (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51322

Description

Turnover for year-end 2024 was £406k
Adjusted EBITDA for year-end 2024 in excess of £93k
1 nursery operates from a freehold building on leased land and 1 leasehold nursery.
Both rated ‘good’ by Ofsted.
Combined capacity for 108 children, with 1 setting having planning permission to extend by a further 15 places.
Management team run the day-to-day operations of the nurseries.
Redwoods Dowling Kerr are delighted to present Project Papaya a group of two day nurseries based in the North East of England. The business is well-established and offers its services across the region. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available with one property on a freehold basis and the other on a leasehold basis.
Please contact us for further information using reference number 51322 or quote Project Papaya.