Edgemoor Nursery School & Day Care Centre located in Devon was sold to a First-time Buyer with experience in the sector in a deal facilitated by Redwoods Dowling Kerr.
Edgemoor Nursery School & Day Care Centre is registered for the capacity of 26 children aged between zero and eight years of age. With an average occupancy of 90% and a waiting list for places, the setting was rated as ‘Good’ by Ofsted at the latest inspection.
Edgemoor Nursery School & Day Care Centre was purchased by our clients four years ago as a partnership with the business in a rundown state. Our clients have since transformed the nursery and made a complete turnaround of the setting.
The new owner holds a degree in Early Years while also having 13 years of experience in the Early Years sector.
The buyer confirmed: “Staff were very polite and easy to get hold of and responded quickly to emails. Happy and excited on completion and have recommended redwoods to other people planning to search for a business.”
Childcare Broker Laura Ryan stated: “So please for both parties that we were able to complete the sale, the sale was a challenge, but we got the right result in the end.”
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