Accredited
Vocational School with multiple locations
The schools are State Approved,
nationally accredited by the National Accrediting Commission of Career Arts
& Sciences (NACCAS) are approved to participate in the Title IV Federal
Financial Aid programs of the U.S. Department of Education.
The schools also operate, a profitable
student clinic, and a merchandise retail operation.
The experienced staff is expected to
stay with the new owner. The current
owner, who works 20-25 hours per week, is looking to sell, or stay with the
business, to continue the growth of the company.
Revenue for 2019 was approximately
$3,000,000 and the business is traditionally very profitable. Owner financing
may be possible, depending upon the Buyer’s financial resources.
This turnkey business is in an industry
that has proven to be recession proof, and there is a barrier to entry into
this industry, caused by the amount of regulations. Starting a new school takes at least 2-3
years, just to get accredited. These
schools are well positioned for growth, and are ideal for someone who has
experience in the Education industry, or an investor looking for a new
platform.
|
Financial
Summary |
|||
|
|
2020 Est. by Seller * |
2019 |
2018 |
|
Revenue |
$2,800,000 |
$2,994,690 |
$3,226,250 |
|
Adjusted EBITDA |
|
$769,768 |
$816,903 |
* Note: Due to the Virus the school was closed for 2 months which * Note: Due to the Virus the school was closed for 2 months which caused a decrease in revenue.
|
Other Highlights |
|||
|
Financials |
Management Team in Place |
Years in Business |
SIC |
|
Audited |
Yes |
20+ |
72310202 |
Direct inquiries to:
Gottesman Company
Refer to: S-3046-1 SL
US Office: 718-618-5346
E-mail: dmj@gottesman-company.com