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  • Profitable Chain of Nurseries for Sale in Abu Dhabi
Profitable Chain of Nurseries for Sale in Abu Dhabi

Profitable Chain of Nurseries for Sale in Abu Dhabi

  • BXB Listing ID :

    2918
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Abu Dhabi
  • Area:

    Khalifa City
  • Asking Price:

    3,000,000 AED
  • No of Employees:

    22
  • Year Established:

    2012
  • Annual Revenue:

    3,100,000 AED
  • Annual Net Profit:

    531,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    414,000 AED
  • Business Hours:

    7 am to 5 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    Lease for Branch 1 is 300,000 AED per annum and for Branch 2 is 200,000 AED which will be reduced to 135,000 AED from November 2019.
  • Reason for Sale:

    Retirement
  • Information on staff:

    8 teachers, 8 assistants, 2 nurses, principal, accountant, PRO
  • Information on transition to New Owner:

    Management can remain in the business

Business Overview

These well known Montessori nurseries offer a nurturing and family orientated international environment for children aged 2 months to 4 years. They are open all year round and provide classes in English, Arabic, and French. Both branches are members of the International Montessori Council and have received high ratings on their recent inspection reports. The first nursery branch was one of the first Montessori's established in Abu Dhabi. It was opened in 2012 in one of the most popular residential areas of the capital. The second branch was successfully launched in 2015. The capacity of the first branch is 80 children in total and the second is a smaller branch with a capacity for 40. The current occupancy rate of both branches is 80% which is one of the highest in the market. There are 63 and 33 children enrolled in the respective branches. 65% of the students have signed up for the 5 days a week program. The term fee for the 5 days a week enrolment is 11,500 AED. The nursery has a great reputation in the market. The retention rate and number of siblings that join are testament to the high standards of education and great environment provided for the children. The first branch is situated in a spacious 3-story villa and has one baby room, one toddler's room and 4 classrooms. In addition, there is a sleeping room, mini-kitchen to provide children's meals, one staff kitchen and staff room, 3 storage rooms and the office. The villa also has a fully-equipped outdoor play area. The second branch has 3 classrooms, a nurse's room and a kitchen. The business also benefits from favourable rental rates. The rent for the second branch will be discounted by 65,000 AED from November 2019. There are 22 skilled employees in total, 8 of them are teachers of English, Arabic and French. All teachers and assistants have received professional Montessori training. The current owner is not involved in the day-to-day operations, the principal and other members of the management team are willing to remain in the business and ensure the flawless transition to the new owner. The audited reports and the business valuation report are available for interested buyers.



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Childcare and education for children from 2 months to 4 years

7,739 sq.ft villa and 1,959 sq.ft. commercial unit on the ground floor of a Residential Tower.

*Great locations in one of the most popular and well-developed areas in Abu Dhabi *Montessori certified teachers and assistants *High student numbers and high fees * Well-fitted fully equipped premises *Very positive reviews and high ratings *Audited financials and Business Valuation Report *Professional management in place *Great reputation in the market and opportunities to expand or franchise

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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