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Educational Business For Sale
Location Costa Rica
Asking Price Range $250K - $500K
Gross Revenues $284000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 10 - 19
Inventory 30000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Need to finish med school.
Description Legal name: The English Institute S.A (3-101-361888)
Location: across from Aurola Holiday Inn Hotel, 5 ave and 5 street, San Jose downtown, Costa Rica.
Courses offered: English and computing classes are our main source of income. However, I've experienced good results offering seminars and workshops to both private and public sectors. Costumer service, programing languages and private tutorials demonstrated high demand in the past.
Infrastructure: Two floor building, the Center of San Jose, surely provides an strategic location for students. Five English classrooms, fully equipped and a computer laboratory are part of the selling assets. Facilities include copyshop, cafeteria (small), reception and three offices. High speed internet connection and telephone is available. Our package includes one cell phone line for buyer if required. Our annual gross revenues consider government contracts only.
We signed two contracts last year with our Government, one for English program (for ›104.197.035.80, or $186.000), and another one for computing program (›55.198.387.20 or $98.000). Both contracts are renewable for another term. This figure can be increase in many ways, such as implementing Spanish courses, English programs for companies etc. Asking price: $300.000 (willing to receive two payments of $150.000 each. Possible discount for total payment).
Price includes:
Corporation (100% shares)
Corporate image, logo and name explotation.
Bank account already set up, phone numbers and internet access all under corporation.
Social security number (that is, the corporation has all its employees under the social security system, which a must to work with government)
Government Contracts under execution.
Inventory
Patents (teaching, copyshop and cafeteria)
Lease contracts
Lease hold, fixture improvements.
Contact for more information on this Educational business for sale.
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