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Language Schools For Sale
Location: China -> Wuhai
Industry: Educational > Schools




Business Summary

Looking for a buyer or local/foreign partner in English Training School in Inner Mongolia.

Reason for sale:
The current owners are no longer living in China. We feel that the school would benefit from having a director based locally to work with the current manager to drive the school forward and into new markets, and cement its place as the quality leader in the English Training Market in the city. We are therefore looking for a buyer or partner who can continue to develop and push the school forward in this market.

The School is currently full operational with a student base. It is staffed with a local Manager, local teachers, a foreign teacher, cashier, accountant, and headmaster. It has co-operations with a local kindergarten supplying teaching hours (paid), and a promotional co-operation with a Public Primary School (unpaid).
The sale would include:
 All licenses required to operate an English Training School in China. This includes the permit (Ping Qing Wai Guo zhuan jia xu ke) which allows the school to legally apply for work permits for foreign experts.
 Franchise rights for the whole city from a leading English Educational Franchise company. This gives rights to purchase exclusive Educational Materials for the school, national marketing, assistance with hiring of foreign teachers, training for educational and marketing staff, etc. The new buyer is not obliged to keep using the same franchise if it does not want to.
 Full furniture and fittings of the operational Training School. This includes: chairs with desks, air conditioners, TV, cupboards, computers, printer, money counter, office equipment., etc Full list on request.
 Front Sign.
 Good will from current student base, and contact details from former students..
 Miscellaneous items necessary for operating a school.

The school is currently situated on the ground floor, within proximity to Primary and Middle schools, next to to the


Financials

Asking Price Range:  < $250K
Gross Revenues:   $75,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Owners no longer live in China




Print Listing Id: 700173067
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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