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Abacus Day Nursery Sales launches with offer to cover vendors' legal fees

Abacus Day Nursery Sales launches with offer to cover vendors' legal fees

 7November 2017: Abacus Day Nursery Sales, a new brand specialising in the sale of childcare businesses, has launched with an offer to include vendors' legal costs within its standard completion fee.

Abacus uses a proven combination of traditional and online media to market day nursery businesses. It also has a number of retained purchasers on its books, meaning that childcare providers can often be sold at premium valuations without ever having to be put on the open market.

Chris Rowlands, managing director of Abacus Day Nursery Sales (pictured alongside director Joanne Booth), said, "We realise that a day nursery is totally different from any other type of business. As specialists in the childcare sector we understand that vendors require sensitivity and the utmost confidentiality.

"Often owners don't want to market their nurseries next to takeaways or betting shops so, as a specialist in the sector, Abacus can provide an appropriate environment for the sale of these unique businesses.

"We also understand that business owners want absolute confidence in terms of costs. That is why we are undertaking to pay vendors' legal fees when they use a solicitor from our panel."

Abacus operates nationwide from its headquarters in Bury, Lancashire and satellite offices in London and Leeds. It is able to sell day nurseries of all sizes, from 20-place settings in leased church halls to multi-site national childcare providers with multi-million pound revenues.

Chris continued, "We are already encouraged by the number of day nurseries we have under offer, with completions due. The childcare sector has undergone many changes over the last few years, most recently the introduction of 30 hours' free childcare for three and four-year olds, but the market for day nurseries remains buoyant and we are seeing some great valuations.

"It is, nonetheless, never an easy decision for the owner of a day nursery to move on. When they instruct Abacus they can be confident that, as well as achieving the best price for their day nursery, we will support and guide them every step of the way with empathy, understanding and an in-depth knowledge of the sector that enables us to put their interests at the heart of everything we do."

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Notes to editors

About Abacus Day Nursery Sales

Abacus Day Nursery Sales is a specialist division of Blacks Business Brokers dedicated to the sale of childcare businesses nationwide. It uses a proven process that deploys a range of traditional and online marketing tools to manage and successfully complete the sale of day nurseries nationwide. Abacus also has an extensive database of retained purchasers, enabling it to complete many sales without ever having to put those businesses on the open market.

Clients range from single-setting owner-managed businesses to multi-million pound, multi-site childcare providers.

In order to provide sellers with certainty, Abacus includes vendors' legal costs within its standard completion fee.

Abacus Day Nursery Sales is headquartered in Bury, Greater Manchester and has offices in London and Leeds. Its experienced, expert staff are able to broker deals worth anything from the tens of thousands to several million pounds.

Abacus Day Nursery Sales is a member of the Institution of Commercial and Business Agents and the National Association of Estate Agents.

For further information please contact:

Chris Rowlands
Managing director
0161 763 5000

Stuart Anderson
Alpha Public Relations
0161 791 0811