Highly Reputable Education Institute [94018]
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $300000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Highly Reputable Education and Training Institute Offering Training in Middlesex County serving many industries including but not limited to Medical, IT, Business Management, Education and Continuing Professional Education/ Employment Rehabilitation. The sellers have approved contracts from One Stop Career Center (i.e. WIA/WDA, DVR with NJ Dept of Labor & Workforce approved for all NJ Counties), NJ Division of Vocational Rehabilitation, Trade Act and Veterans Affairs up to $50,000 per student which account for 60% of the revenue. Minimal cost for the above stated approval process is approximately $150,000 plus significant time allocation which is a major asset and start up cost savings to the buyer. Out-of-pocket student revenue is 40%.
Boasting 407 Seats. On-site parking. Approximately $40,000 in inventory and professional training supplies included.
Tremendous stable income and unlimited growth opportunity for a buyer with undergraduate and/or graduate degree. Professional Management and Training experience is a plus.
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