Professional Tech Training School, $2.1M sales, $632K DE, SBA financing

Exceptional post-secondary tech training school for industry professionals is available for acquisition.  Offered at $1.8 million the school offers both onsite classes and remote learning for full-time and part-time students.  $2,087,587 Sales/Revenue in 2022 and $632,774 Discretionary Earnings (DE).  The business is pre-qualified for SBA financing for qualified buyers.

The company uses an LMS (Learning Management System) that tracks student status, progress, and classes and provides content delivery. The school has a strong track record of success through a high-quality curriculum and courses taught by experienced full-time and part-time instructors. The school is highly rated by its students and employers.

Summary:

•  Offered at $1.8 million
•  $2,087,587 2022 Revenue
•  $632,774 Discretionary Earnings 2022
•  $360K Down w/SBA Financing for qualified buyers
•  14 employees
•  Onsite classes & remote learning offered

Staff

•  Full-time instructors & part-time instructors
•  Career Services Counselor
•  Admin.

Buyer Skills and Requirements:

The owner is actively running this business and the buyer will have to be willing and capable of learning to run the business and replace the owner.  While the buyer does not necessarily have to have direct experience in the technical training the school provides, they should be comfortable with technology businesses and must be willing and capable of learning to run and operate the business.  This is not a passive-owner business.

The Seller will provide training for 4 weeks/30 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.

Reason for Selling:

The Seller is retiring and is living out of state.

Inquiries from principals only