Redwoods Dowling Kerr proudly announces the successful sale of Smart Start Private Day Nursery in Oldham, Greater Manchester to the MiChild Group.
This popular Greater Manchester nursery setting was established over 15 years ago by Mrs Cheryl Connell, earning an exceptional reputation and ensuring regular recommendations and referrals.
It is renowned for being one of the leading childcare providers in the locality, delivering care for 68 children aged from 3 months to 11 years of age.
Trading from 2 modern semi-detached properties, the setting has benefitted greatly from substantial reinvestment and renovation projects, transforming it into a premium childcare setting.
The setting benefits from an on-site self-contained baby unit.
Smart Start was reluctantly placed onto the market due to the Mrs Connell’s desire to focus on new business interests.
This left in place a premier childcare setting with a great deal of potential. It was a perfect opportunity for a sector operative to acquire a comprehensive and profitable childcare setting.
Once the setting was placed upon the market by the team at Redwoods Dowling Kerr, it ultimately generated a substantial amount of interest.
This heavily sought-after nursery swiftly sold after generating 7 viewings and 2 offers.
It was subsequently acquired by Mr Joel Selvadurai on behalf of the MiChild Group, an expanding nursery group who have used the services of Redwoods Dowling Kerr before.
They utilised the services of Redwoods Dowling Kerr to acquire 3 other settings in 2019, they acquired Sunbeams Day Nursery, Rosebuds Day Nursery and Jack in The Box Day Nursery.
The prime trading location greatly influenced the purchase, it is in close proximity to the group’s 3 other settings. The excellent reputation of the business also influenced the sale.
Joel Selvadurai and The MiChild Group wish to expand and develop the business, and to incorporate it into their expanding nursery group.
They aim to continue to run the nursery to a high standard and to improve the business.
Our vendor, Mrs Cheryl Connell, commented;
“I would like to take the opportunity to thank Sarah for her input and support throughout the sale process.”
“We got there thanks to your skills and communication with the interested parties and the solicitors.”
Mr Joel Selvadurai from the MiChild Group commented;
“It’s been a pleasure working with Sarah again on these transactions. I can safely say that she has added a huge amount of value in assisting with getting this challenging transaction across the line.”
“She has provided all required information in a timely and efficient manner. As a buyer I could not ask for more.”
“I look forward to doing many more deals with her in 2020. Keep them coming!”
Lead Negotiator Sarah Ellison commented;
“Smart Start will be the 4th setting successfully completed to Joel Selvadurai in 2019, Cheryl felt he was the ideal purchaser and it would be going to great hands. I would like to wish Cheryl all the best with her new business ventures.”