Online Language - Training Business
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $36000
Net Profit / Cash Flow $35000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Seeking capital to expand business platform.
Description This business is a fully operational, on-line, self-directed, language-training program that teaches English to non-native speakers in the U.S. and is seeking a cash injection of $250,000 to expand its market base and language training product line. This program is presently used in 63 school districts in 21 states with successful results. It's inexpensive, does not require a long-term commitment and a family can purchase a subscription allowing movement back and forth between language choices.
Web-based technology allows for the easy addition of new translation languages for English and other foreign languages. User-friendly interface. Conducive to prolonged use. Focus on middle and high school vocabulary. Students can click on a word they don't understand and an interactive dictionary pops up with audio and visual translation in their native language. Pictures, interactive games and randomized quizzes. Recording interface to let users compare their sounds with that of a native language speaker. Opportunity for a live chat with a native speaker. All visual assets are designed to be easily transportable to mobile devices.
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