THE new owners of Noah's Ark Nursery in Lochgelly have outlined expansion plans after buying the business for an undisclosed sum.
The sale of the childcare facility on Auchterderran Road, which was founded by Beverley Wilson in 2004, was announced this week.
Brothers Amir and Saqib Sadiq have bought it and a post on the Noah's Ark Facebook page said: "We’re going to become the best nursery, we already have the best team!
"Get ready for our new branding, website, indoor and outdoor space!"
The private nursery provides day care for up to 30 children aged up to five years.
It occupies a single-storey, purpose-built property but there are already plans to add a second floor and carry out "substantial improvements".
Martin Daw and Callum Lancaster, from business property advisers Christie & Co, handled the sale which will allow Beverley to pursue other business interests.
She said: “I established the business 19 years ago when I started with two customers and quickly got the nursery to full capacity.
"I’m pleased to be handing the setting over to Amir and Saqib and wish them all the best with their plans.
"I look forward to seeing the nursery continue to grow with prolonged success.”
Although new to the sector, the Sadiq brothers have a family background in managing nurseries which will provide insight and experience.
In a statement the new owners said: “We explored several nurseries that piqued our interest.
"After engaging in a constructive conversation with Martin, he astutely discerned our specific requirements and recommended we consider Noah's Ark.
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"Upon careful consideration, we found the setting to be highly appealing and consequently made the decision to acquire it.
"A primary factor contributing to our contentment with this acquisition is its freehold status, coupled with the opportunity for modernisation and expansion to a second floor, despite already operating at nearly 100 per cent occupancy.
"We firmly believed that we could achieve substantial improvements and our initial weeks of ownership have proven to be highly promising.’’ Mr Lancaster said: “Noah's Ark garnered considerable attention from a diverse pool of prospective buyers, signifying a robust demand for nurseries in the region."
The nursery's many attributes "also resonate strongly with parents seeking quality childcare options" and he added: “A telling example of this appeal can be observed through Beverley's experiences during the COVID pandemic.
"On two occasions when the setting had to temporarily close, the subsequent reopening witnessed an overwhelming surge in placement requests.
"This further underscores the desirability of Noah's Ark as a trusted and sought-after facility in the area.’’
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