For Profit Boarding High School For Sale
www.GlobalBX.com
Listing ID:
700263022
Listing Title:
For Profit Boarding High School For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=263022
Industry:
Educational
Industry Segment:
Schools
Country:
United States
State / Province:
Area
City:
Asking Price Range:
$10.0M - $20.0M
Gross Revenues:
$12,000,000
Cash Flow:
$2,000,000
Cash Flow Type:
EBITDA
Year Established:
1960
Number of Employees:
50 - 99
Business Description:
Our Client is selling their premier US Gr. 6-12 Co-Ed Private For-Profit College-Prep Boarding Middle/High School. Founded 55 years ago, the school is one of the largest boarding schools in its area with students from 25 states & 30 countries. As part of ownership's forward-looking business development plan, they redefined the school's programs as a premier prep school to meet enrollment demand for a US boarding school, resulting in enrollment & profits doubling over the next 5 years.
It is fully accredited by AdvancedED, State Independent School Association, & SEVIS to recruit international students. The school offers a college-prep program, a highly regarded US high school graduation diploma, & choice of innovative elective courses within a prestigious US boarding school experience. With 100% college acceptance, its grads attend some of the country's most selective universities & received +$10m in scholarships over the last 3 years. It is located on 12 stunning acres with 120,000 ft2 of facilities on free-hold land with soccer/baseball fields, gymnasium & weight training facility, lighted basketball/tennis courts, updated dormitories & staff housing, cafeteria, classrooms, wellness center, learning center/library, etc. The school's current facilities can handle up to 400 students with room for extra facilities/dormitories to support additional growth.
Overall, the school has generally demonstrated consistent profits &, with a re-envisioned brand & programs, it is conservatively projected to reach $12m revenue & approx. $2m EBITDA at full roll-out. Everything is in place for new ownership to take the school to the next level & benefit from a premium US boarding school planned to double enrollment & profits. It is in remarkable shape for medium- & long-term growth & profitability. This US boarding school will sell quickly as there are limited opportunities like this available on the market!
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