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The Wall Street Journal Online

Florida IT Technology School 24 years.

Duval County, Florida

Seller Financing Available

Photo Available
Asking Price:
$346,000
Gross Income:
N/A
Cash Flow:
$85,000
EBITDA:
N/A
FF&E:
$65,000.00 *
Inventory:
$6,000.00 *
Real Estate:
N/A
Year Established:
24
Employees:
4
Business Types:
Business Services (B2B)
Web Design/Tech Services

* included in the asking price

Business Description

Certified Microsoft & CompTia learning Partner. Approved for VA tuition benefits. High Profits + $80K owner salary included in professional business valuation. Turn Key facility in prestigious location in North Florida.
Once in a lifetime opportunity for someone familiar with IT industry. Professional 2010 appraisal: valued $396K. Selling priced $50K under appraisal value.

Detailed Information

Facilities:
$4600 a month 4400 sq. ft. in historic Building in prestigous area. 5 year lease with option to renew. Facilities in A+ condition. beautiful 4 High Tech classrooms & 5 sales offices, 2 reception areas, Eat in lounge and 2 bathrooms. Brick walls throughout in a historic building in best part of town. Turn key everything included NO DEBT.
Competition:
Oldest Certified Microsoft Learning Partner in the country. well established with customer following and reputation for high quality IT training.
Financing:
25% down + $30,000 capital required
Support/Training:
Owner, Computer engineer and Training director training and consulting. 6 months.
Reason Selling:
retirement
Contact Seller

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