The business has been established for over 40 years and under the management and ownership of our clients for 12 years before their decision to sell the nursery in order to retire.
The majority of the nursery’s 14 part time staff members are qualified to level 3 & 4 and whilst the business runs at 100% occupancy of 44 children between the ages of 2 and 5, there is still the potential to open during school holidays as a ‘Kids Club’ in order to increase turnover. The introduction of a breakfast club and later opening on a Friday could also increase revenue further.
Private buyer Mrs Akinbobola acquired the St Michael’s Nursery School for £40,000 and will continue to trade and grow the business.
Gemma Moss of Knightsbridge negotiated the deal and described the sale as “very quick” and wishes a happy retirement to our client, Jenny.
