Features

Seven things to consider when selling your day nursery

Christie & Co's Nick Brown shares seven top tips.
Nick Brown: 'It’s up to you whether you’d like to bring your setting to the open market, or if you want to keep the sale confidential.'
Nick Brown: 'It’s up to you whether you’d like to bring your setting to the open market, or if you want to keep the sale confidential.'

Deciding to sell your day nursery or educational business can be a little daunting. No one size fits all and, with close to 24 years in the sector, I know that each sale can bring its own nuances and challenges.

However, considering these seven things before you sell will undoubtedly stand you in good stead!

Prepare, prepare, prepare
Buyers will want a clear picture or path of the nursery's financial health in the past and what the future may hold, so ensure you have detailed financial records, and up-to-date accounts and management numbers. Robust financial information and forecasts are a must if you are looking for a premium price.

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