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Court Reporting School - Reduced Price

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $615000
Net Profit / Cash Flow  $125000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  6 - 9
Inventory  50000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  Seller is retiring.

Description  
REDUCED ASKING PRICE: $250,000 A great career where you can choose your hours and use your skills outside the court room in many venues with surprising monetary and personal rewards! Because of this school's hands-on professional faculty, classroom environment, and access to the most modern equipment/machinery currently in use, they have achieved 100% job placement in careers as Court Reporters and Closed Captioners. Their courses are available daytime or evening for both full time or part time students. It's important to note that the owner has gradually scaled back his managerial involvement over time and is an absentee manager. This has affected the revenues and the Owner's Cash Flow. For example, 2011 results were Revenues of $790k and Owner's Cash Flow of $440k. A hands-on owner can easily retrieve major increases in financial results. Potential Growth: Seller is a former Court Reporter who has never utilized any Progressive Marketing techniques to increase enrollment. The potential here is great for the right Buyer. FFE: $ 50,000 (Included in Price) Reason for Sale: Seller is retiring. Training & Support: Will train as necessary. Year Established: 1990 Days & Hours of Operation: Mon-Thurs. 8am-9pm, Fri. 8am-2pm Employees: 1 Full Time, 5 Part Time Absentee Owner: Yes Monthly Rent: $ 6,700 Facilities: Set in a business center, the school has 6 classrooms that hold approximately 20 students.


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