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Private Two Year Vocational College For Sale
Location Massachusetts,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1200000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training The seller will provide necessary support and training.
Reason for Sale Retirement.
Description If you are a university, college or vocational school acquiring this established Vocational College and combining it with your existing institution, you could increase your revenues by $1,200,000 annually and your operating income by $500,000 per year. The school offers an Associate in Applied Science Degree and prepares students to pass the national exam required by most states to work in this field. This college combines academic learning with hands-on experience which provides an excellent foundation for success in the vocation.
Many of the school's students are already employed in associated industries and are often sponsored at the school by employers who provide tuition reimbursement. While there are similar schools that provide training in the same field, this institute is a popular choice within the industry because it has one of the highest national exam pass rates in the country.
As a result of the recent economic recession, an increasing number of students come from non-related fields to train for a new career. Industry analysts predict that the 4.8% average annual revenue growth in trade schools experienced over the past five years will continue for the next five years.
This fully accredited school is especially poised to capitalize on that growth trend due to its established reputation and success rate. In addition, the school is approved for Federal Title IV funding, awards Pell Grants, VA benefits, Supplemental Educational Opportunity Grants and participates in the Direct Loan Program.
GROWTH & EXPANSION
Expansion of the online learning programs, inclusion of advanced degrees, and the addition of residential facilities could significantly increase growth and expand revenue opportunities for the purchaser.
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