Abbots Langley Preschool & North Bushey Preschool Have Now Been Sold
21st April 2020
9 years ago, Mrs Sarah Purser established this excellent group of 2 nursery settings, located in highly desirable Hertfordshire countryside locations. The first nursery opened in 2011 and operates out of a single storey building located in the grounds of a primary school, making this nursery a popular setting for many families in the locality. 5 years later in 2016, the second setting opened in a unique premise; an historic church hall. Both nursery locations are fully equipped and are within easy reach of main transport links.
Sarah Purser continuously evolved the nursery settings, and she constantly trained her staff. Her hard work and dedication throughout both the nurseries did not go unnoticed. Families from both the local areas and also further afield relied on the high standards of childcare that her settings provided, and they did so due to the excellent reputations her settings had earned.
Deciding that now was the right time to move on and to pursue other business interests, Sarah approached Redwoods Dowling Kerr to facilitate the sale of her group of 2 professional childcare settings. Once on the market, the businesses generated 10 viewings and 6 offers. The successful bid was made by a first-time buyer. They saw the businesses as a perfect purchase for him and especially for his wife who is an education psychologist in early childhood education. She has previously been a full-time teacher and is a parent coach and psychotherapist. The buyer saw the businesses as being a perfect investment considering their background. They recognised that both the nurseries had excellent reputations, and that there was a good opportunity to expand the nurseries into full-time day-care settings, as opposed to the current term time only schedule. The purchaser wishes to work with the vendor and to get to know the nurseries and how they are run.
Mrs Sarah Purser, the vendor commented on the sale;
“Right from the first contact with RDK it was evident that this was a company that was professional, knew their field inside out and actually cared about myself and my business. I personally had most of my dealings with Sarah Ellison and there is not one thing I can fault. She was exceptional in making me not worry, even when I rang numerous times, she listened to everything, reassured me and continually answered every question and worry I had. The sale of my business took a while, through no fault of RDK and throughout the time Sarah constantly chased everyone on my behalf and bought everything together. On completion, I was so happy and relieved but in a weird way will miss my calls with Sarah lol. I would ONLY recommend RDK to sell a business, especially in my field. I can’t thank them enough. Once again Sarah, thank you so much for everything you did.”
The Buyer of Abbots Langley Preschool & North Bushey Preschool commented on sale;
“Our experience with Redwoods Dowling Kerr has been very satisfactory from initial contact to the completion of the deal. The staff has been very helpful during the sale, all the concerns that required assistance and advice were dealt with efficiently. The entire process has been very smooth with clear communication and prompt response. Both my wife and I are very excited and looking forward to taking over the nursery with plans to expand in the future. I would highly recommend using this company for the future.”
Lead Negotiator Sarah Ellison commented;
“It has been a pleasure working with Sarah on the sale of her two nurseries. We received a great amount of interest with 10 viewings and 6 offers, after much deliberation Sarah chose the buyer and his wife who both have a vast amount of childcare knowledge, although this would be their first Nursery purchase. We would like to wish the buyers all the best with their new businesses and Sarah the best of luck on her new business interests.”