Serendipity Day Nursery Ltd Acquired by Industry Operator
23rd September 2020
This excellent nursery in Newton Abbot has been sold by Redwoods Dowling Kerr
Established by the vendor over a decade ago, Serendipity Day Nursery Ltd wasted no time in cultivating a reputation for childcare excellence. Located in the affluent town of Kingsteignton, the nursery is highly accessible to families from the surrounding residential areas, as well as those commuting to Exeter, Torquay and Plymouth.
Housed in a purpose-built single-storey detached property, the setting is brightly appointed and maintained to a high standard. Across the building lies 4 principal rooms for the different age groups, each well-equipped with a wide selection of stimulating activities and educational resources. Outside, the nursery benefits from 3 enclosed outdoor play areas with a variety of play surfaces, as well as an assortment of outdoor equipment including a climbing frame and slide.
Included in the sale was the neighbouring 4-bedroom bungalow which had undergone extensive modernisations and a loft conversion, providing envious residential accommodation for an incoming owner.
The nursery has the capacity to provide its exemplary childcare for children up to 5 years of age, delivered by a compassionate team of nursery practitioners and managers.
Pursuing a career change, the owner Emma Bray decided now was the perfect time to seek the sale of Serendipity Day Nursery Ltd. Recognising Redwoods Dowling Kerr as the market leading business broker in the UK childcare market, we were formally instructed to conduct the sale. After a thoughtful marketing campaign, the nursery was sold to an experienced industry operator who was looking to expand her childcare provision.
The buyer commented;
“I would just like to say thank you to Sarah Ellison who looked after me extremely well during my purchase. She was able to answer any questions straightaway in addition to being incredibly informative throughout. The level of service that I received was absolutely superb and I would highly recommend Redwoods Dowling Kerr and Sarah. I will come back to Sarah and Redwoods when I look to purchase another nursey.”
Lead Negotiator Sarah Ellison commented;
“The purchase of Serendipity has provided our buyer with a fantastic opportunity to build on to her already well-established childcare business and experience. It was a pleasure working with our seller Mrs Bray to achieve her wish to go in a different direction after establishing the nursery over 10 years ago. Wishing them both the very best in the future.”