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Career College For Sale
Location: United States
Industry: Educational > Schools




Business Summary

Our client owns & operates a premier, multi-campus, private, for-profit, career college group that provides a collegiate-level education for students seeking successful careers. It has been a trusted institution in its market for more than a decade & is a nationally recognized brand in the I.T and Healthcare fields with little competition. It is state approved, accredited, in compliance, & provides job-oriented diplomas in high-demand training programs. Students are eligible for Title IV financial aid & approved by the Veterans Administration. The college's approval of Title IV student financial aid provides new owners an opportunity with immediate access to U.S. career college market & additional program development & campus relocation & expansion.

Its career-focused courses help students earn Associate Degrees in the fields of Computer Animation, Business Systems, IT, Medical Billing & Coding, & Web Design. The college has grown from a hand full of students in 2006 to close to 900 students. Remarkably, the percentage of students using Title IV financial aid is only 83% with an extremely low default rate of 20%. The school boasts an extraordinary high employment rate for graduates & impressive retention rate for students. With high demand for the college's programs in its regional market, ownership has developed a business plan to leverage expanded demand over the next five years.

There are consistent profits for the 2014-16 fiscal years with revenue of $14.8M & adjusted EBITDA of $4.2M in 2016, & year-over-year growth of 20% for the previous two years. Overall, it has consistent profits & conservatively projected to reach $17.8M revenue & $4.8M EBITDA in 2017 demonstrating reliable & stable profits and growth year-on-year. The college's accreditation & student financial aid provides new ownership immediate access to the career college market with flexibility for additional program development & campus relocation & expansion.


Financials

Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   $18,000,000
Cash Flow:   $5,000,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2006
Number of Employees:  50 - 99
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale




Print Listing Id: 700279131
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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