Established and Profitable Allied Sciences Career Training Institute

Warwick, RI (Kent County)

Established and Profitable Allied Sciences Career Training Institute
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Asking Price: N/A

Cash Flow: $91,000

Gross Revenue: $359,000

EBITDA: N/A

FF&E: $25,000

Inventory: $20,000*

Rent: $7,083 /Month

Established: 2002

*not included in asking price.

Established and Profitable Allied Sciences Career Training Institute

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Business Description

As the preferred provider of allied sciences education for State and Licensing Boards, this profitable Career Training Institute has built a solid reputation among student populations, the State of RI, along with numerous healthcare companies throughout RI and MA. Offering hands-on programs to prepare students for required licensure across a number of high-growth employment categories, the business is known for producing well-qualified and employable students. High job rate upon completion of programs is a testament to the quality of instruction and focus on job functionality preparedness offered by the business.

2019 is projected to have double digit growth based on higher Winter semester enrollment and continued referral system from prominent State agencies, schools, healthcare companies, and licensing Boards.

This opportunity to acquire a profitable, well-regarded institution would be appropriate for individuals currently working in the allied sciences field, instructors within the field of studies, or others interested in providing first class training in high demand allied sciences fields.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,000
Lease Expiration:
7/1/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over 9,000 sq feet of commercial building space with classroom, offices, and multi-purpose rooms. The facility also has a cafe and comes with all necessary furniture and fixtures.
Competition:
Competition is limited in the region and do not have all the course offerings nor the job rate of the business. The relationships with key state and local government bodies, healthcare organizations, and employers is unmatched.
Growth & Expansion:
There is a great opportunity to expand to online training programs and increase the geographical reach.
Financing:
Seller will consider financing for credit worthy buyer.
Support & Training:
Seller is willing to provide training to new owner on mutually agreed upon terms.
Reason for Selling:
Moving out of state
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Michael Lannie

Business Listed By:
Michael Lannie

P&L Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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