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22 August 2019 | Childcare & Education

Rainbow Bright Childcare in Dundee looking for new owner

Rainbow Bright Childcare, an established day nursery in Dundee, has been brought to the market through specialist business property adviser, Christie & Co.

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Established in 2009, Rainbow Bright has built up a fantastic reputation and is registered with the Care Inspectorate for an operating capacity of 60 children aged 0-12 years at any one time. The nursery’s most recent inspection was August 2019 and achieved grades of 5 (Very Good) across all quality measures.

The nursery features three well equipped play rooms, various ancillary areas and a sizable garden with safety surfacing, which is fully enclosed and accessible only via the nursery building. Rainbow Bright is in an ideal location, just north of Dundee city centre, at the junction of Campberdown and MacAlpine Road with easy links to the city's main thoroughfare, the Kingsway.

Maggie Koervers has owned the nursery for 10 years and operated it under management, refurbishing the site and providing high quality childcare in that time. Maggie has now decided to sell Rainbow Bright in order to retire and comments, “The nursery is in a very good place at the moment and I look forward to passing on the reins to someone with a similar vision to my own.”

Alistair Watt, Business Agent at Christie & Co’s Edinburgh Office who is handling the sale, comments, “Rainbow Bright has built up a very good reputation in the local community, with parents and the Care Inspectorate and presents a fantastic opportunity to acquire a successful day nursery business. We anticipate this setting to appeal to a range of buyers, including first time and group operators, looking to establish a presence in a thriving Scottish city.”

The freehold interest of Rainbow Bright Childcare is on the market through Christie & Co for offers of £550,000 on a share sale basis (Rainbow Bright Childcare Ltd).