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Monkey Puzzle Day Nurseries

ID: 280978
FOR SALE PARTNERSHIP

Monkey Puzzle Day Nurseries - Childcare Franchise ID: 280978

FOR SALE PARTNERSHIP

Company name

Monkey Puzzle Day Nurseries

Price

45 K $

Country

United Kingdom

Region

Hertford

City

N/A

Industry

Services

Employees

N/A

Registration date

2016-08-10 07:15

Last modified

2016-08-10 07:24
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A day nursery franchisor constantly improving facilities allowing franchisees to give a secure caring environment for children. About Us Following its launch in 2005, the Monkey Puzzle Day Nurseries Franchise has made excellent progress. Our original nurseries in Hertfordshire served to provide a first-class business model and sound foundations for growth, which has resulted in our becoming one of the U.K.’s leading Nursery Groups. At present the network comprises 30 nurseries, the great majority of which are owned and operated by our Franchisees. With work currently in progress to acquire premises and undertake building alterations where necessary, we anticipate that by the end of 2013 up to 40 Monkey Puzzle nurseries will be operational. Our Franchisees have come from widely diverse backgrounds including accountancy, banking, I.T., the police service, property development, retailing and corporate management. Apart from the former members of our staff who have themselves become Franchisees, they tend to have no experience of the child day-care sector and their universal success – we have no failures – is an indication of the effectiveness of the setting-up assistance, training and continuing back-up we provide. Choice of premises is obviously most important and we have gained a wealth of experience in advising upon appropriate locations and assisting our Franchisees where necessary in lease negotiation and planning applications. The minimum requirement is for 3,000 sq. ft. of floor space plus an outdoor play area and convenient “drop-off” car parking. A wide range of buildings have proved to be suitable, previous uses including a barn, doctors’ surgery, offices, railway station and a school. Last but not least, a word conce rning financing arrangeme nts. Despite difficulties experienced in some sectors with regard to securing business loans, this has not proved to be the case here. We have established excellent relations with the Franchise Departments of the leading banks, which appear to be very satisfied with the overall trading track our Franchisees have achieved. In practice, we find that the banks are generally willing to lend up to 70% of the total requirement. Obviously, lending decisions are based on individual circumstances, but suffice it to say that the majority of our Franchisees have benefited substantially from a bank’s support and we will be pleased to make introductions to our banking contacts, at your request.
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