turner-butler

Businesses are featured on

Businesses for Sale

Montessori Nursery School
Leasehold
Established and highly subscribed with exceptional demand
Children aged 6 months to 5 years
100 place capacity

Ref. CE231

Location : Greater London (North)

Asking Price : £1,300,000 plus net assets

Turnover : £697,000

Net Profit : £340,000

Gross Profit : £671,000

EBITDA : Undeclared

Net Asset : £573,000

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

Submit NDA Online
Submit NDA Offline
Print this page

Business highlights include:

Turnover 2018 circa £697,000 p.a.
Gross Profit circa £671,000 p.a.
Adjusted Pre Tax Net Profit circa £340,000 p.a.
Net Asset value circa £573,000 of which £738k is cash

Very well established since 2005
Excellent reputation
Motivated, trusted staff
Excellent customer relationships
OFSTED registered
Circa 100 pre registrations for next school year

Business Profile

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 impliment 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.

Key curriculum components of this Montessori nursery school include:

Personal, Social and Emotional Development

Children develop a positive sense of themselves, and others; to form positive relationships and develop respect for each other; to develop social skills and learn to manage their feelings; to understand appropriate behaviour in groups; and to have confidence in their own abilities. Through role-play children build relationships with their peers and learn to share and take turns. Through Practical Life exercises children develop independence, self-control, self-awareness and confidence.

Physical Development

Children are active and interactive building on their gross and fine motor skills; develop their co-ordination, control and movement. Children learn to understand the importance of physical activity and to make healthy choices in relation to food and their well-being.

Communication and Language Development

Children are given opportunities to experience a rich language environment; to develop their confidence and skills in expressing themselves and to speak, listen and understand in a range of situations.

Literacy

Children are encouraged to link sounds and letters and begin to read and write. Children have opportunities to access a wide range of reading materials such as books, poems and other written materials to ignite their interest. Through Montessori language materials children work through specific hands-on and tactile materials such as the sandpaper letters to the moveable alphabet.

Mathematics

Children learn to develop their skills in counting, understanding and using numbers, calculating simple addition and subtraction problems; and to describe shapes, spaces and measures. Hands-on materials such as number rods, sandpaper numbers, number boards, spindle box, builds on the child s mathematical skills.

Understanding the World

To promote understanding of their own world the children are encouraged to look closely at similarities, differences, patterns and change. This is done through their topics. The children also get involved with simple experiments to promote their understanding of science and the environment. Awareness of other cultures and beliefs and of the environment is predominant in all our activities.

Expressive Arts and Design Development

Children are introduced to wide range of experiences to bring out their creative expressions. Music, action songs, dancing, simple drama, arts, crafts and imaginative play to enhance and develop their creative skills.

Extra curricular activities

The nursery provides Music and Movement, French lessons, Cooking and Computer classes together with ballet and yoga with professional teachers.

Clients & customers:

Parents in the North London community in which the school and their homes are located.

Technology:

The business uses QuickBooks software for managing accounts, payroll and invoicing. The company has an attractive and informative website with all the information a prospective parent would need.

Customer Service:

Customer service is the top priority; the team provides the highest quality of service. The company is OFSTED registered and uses methods consistent with best practice and the Montessori method for early years education.

Key Strengths:

This is a well-run, responsible and reliable business that has a history of continual growth and profits due to the professional and efficient approach to business and the quality of trust that customers show this business and its staff.

The business is consistently profitable.

Demand for the company’s services exceeds its ability to supply by a very large margin.

The business’ location and facilities could not be over estimated; the nursery building is a recently renovated civic premises with excellent scale and room for growth, it is of the highest quality of build, fit & finish and is a key selling point when discussing the school with parents and children.

The location is similarly beneficial as the school sits in a very affluent area of North London where the high demands that are placed on business services in the locality are significant but when met, attract very good margins.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business has achieved a history of excellent turnover and profits over the years.

Turnover 2018 circa £697,000 p.a.
Gross Profit circa £671,000 p.a.
Adjusted Pre Tax Net Profit circa £340,000 p.a.
Net Asset value circa £573,000

The Asking Price of £1,300,000 plus net assets is for 100% of the issued capital of the company, assuming Net Assets of circa £573,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £573,000 at completion. (Within the Net Asset value is c£738k of cash.)

A complete asset list is available.

Advertising:

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.

Growth and Expansion:

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.

Premises:

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.

Capacity
There are currently 40 x 2.5-5 year olds, 25 x toddlers and 12 babies, but the nursery’s total capacity allows for up to 100 children.

OFSTED
The last OFSTED inspection in December 2017 rated the nursery Good.

Business Hours:

Monday - Friday: 08:00-18:00

Employees:

The vendor is supported by 16x full time staff members, 15x of whom are fully qualified.

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.

Reason for Sale:

The vendor has decided that due to health issues, it would be wise to pass this successful business to a new owner.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk