Accredited Allied Health And Trade Schools For Sale
Location United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $6000000
Net Profit / Cash Flow $900000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will stay on or provide the necessary training
Reason for Sale Retirement
Description Established for over 25 years, this institute is a private for-profit post- secondary institution that provides vocational and skilled trade training. The institute offers non-degree, certificate programs within the Allied Trade and Allied Health industries. The schools are nationally accredited by The Accrediting Commission of Career Schools and Colleges (ACCSC) and offer USDOE Title IV funding.
The schools had gross revenues of $6,000,000 in 2011 and were profitable.
The institute, after some adjustments due to regulatory changes, is adding another campus, as well as several new programs.
The owners are looking for a strategic partner or a buyer, who would own 60% of the stock of the institute and current management, would stay to operate and grow the school.
The purchase price of this opportunity is negotiable and this information is intended to ascertain interest in the said business after which open negotiation is invited.
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