Following a period of relative stagnation for nursery sales in 2019, property specialist Christie & Co reports that the last year saw a ‘tsunami of interest’ from prospective buyers.
Despite the effects of the pandemic, childcare and education business transactions rose by 21 per cent between 2020 and 2021, representing a 5 per cent increase on 2019.
It was a clear case of buyer demand exceeding supply throughout 2021. With the market experiencing a decline in the overall number of businesses being offered for sale, the volume of offers increased by around 38 per cent compared to 2020, and a massive 45 per cent since 2019.
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