Educational College Nursing School

Listing ID: 700273748

Listing Title: Educational College Nursing School

Quick Link:

Industry: Educational

Industry Segment: Schools

Country: United States

State / Province: California


City: Los Angeles

Asking Price Range: $500K - $1.0M

Gross Revenues: $750,000

Cash Flow: $295,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 6 - 9

Business Description:
A good opportunity to acquire a fully functional & established private college in the allied health care/medical education sector for adults with potential for growth in the ever-expanding health care services industry. It is situated in Southern California in a rapidly growing city and has students from a radius of 30 miles. The college is licensed by the Bureau of Private Post-Secondary Schools (BPPE) and California Department of Public Health to conduct LVN, CNA and HHA programs. The college is approved by Board of Vocational Nursing & Psychiatric Technicians (BVNPT) for Vocational Nursing Training Programs The college was incorporated in 2007 and is under same ownership since then. They prepare students to become LVNs, CNAs, Home Health Aides. They also have NCLEX Review and CPR classes. The owner has a good network with surrounding hospitals and other health service providers which generates a steady flow of students. The school has an 85%+ completion rate with a post certification employment ratio of 85%. The school has a well-equipped computer-based library and lab facilities. This is a unique opportunity for nurses/health industry employees to acquire their own business or for an existing school to have another established branch in a different city. Additional space next door may be available for expansion. All the credentials and licenses will be passed on to the new owners. The seller will stay back for a full month to help in the transition process and if required can continue as a consultant for a reasonable amount of time on a mutually agreed compensation package. For more information, please call Mike Jasani at (818) 723-5150, 818-324-5222 Ext 445

« Close this window »