This long established nursery is conveniently located on a popular commuter route and operates from an attractive detached property. Springles has an effective operating capacity for 42 children and benefits from private gardens surrounding the property, which is utilised for outdoor play and as an enclosed baby garden.
The new owner is Ms Ndlovu, a qualified teacher with over 20 years of experience in the education sector. Looking for her first nursery business to buy, she identified Springles Nursery as the perfect opportunity with the business offering areas for further development with the benefit of being located close by to where she lives.
Sophie Willcox, Childcare Business Agent at Christie & Co who brokered the sale comments, "We were inundated with interest in Springles given its excellent location and experienced team of staff. We are delighted to help Ms Ndlovu acquire her first nursery and wish Mr Coles all the best with his new venture."
Specialist commercial funding was required to purchase the business and Finance Consultant, Matthew Kavanagh of Christie Finance brokered the finance to help Thembi to buy. He said of the deal, "I was delighted to help Ms Ndlovu find the right funding facility to acquire her first business. We have seen a growing trend of teaching professionals looking to buy a nursery business and have access to a range of specialist lenders to support their plans."