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Medical Transcription Virtual School

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $174000
Net Profit / Cash Flow  $120000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  1 - 3
Inventory  5000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Will ensure smooth transition.
Reason for Sale  Looking to start the next business.
Description  Unique ''virtual'' school for sale that can be relocated anywhere in the country. Students pay tuition of $1,800 to $2,800 to become fully trained and certified in the Medical Transcription industry. The cost per student for all materials including books, foot pedal, flash cards, software and CDS is roughly $280. Most students pay in full, up-front, so the receivables are only $5,000 to $10,000 at any given time. The vast majority of schooling is performed online with a software program called ''Moodle'' This is an ''open source'' school software that has been customized for the school. Asking $550K.
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