Profitable Veterinary Technician Training School in Colorado Springs

Colorado Springs, CO (El Paso County)

Profitable Veterinary Technician Training School in Colorado Springs
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Asking Price: $499,000

Cash Flow: $194,144

Gross Revenue: $1,270,673

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Established: 2006

Profitable Veterinary Technician Training School in Colorado Springs

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Business Description

This is a unique opportunity to buy into and own your own school! According to the seller, the Department of Education will have to oversee and approve this transaction. They will only allow 20-24% of the business to be sold (stock sale) and over 12 months oversee and audit the business as it transfers 100% over to the buyer. The seller is open to selling 100% of the business and would like to stay on as a full time instructor.
The seller is also open to retaining a minority share interest if the buyer is only wanting to acquire a certain percentage of the company (majority share and voting rights). They offer small class sizes, 11 years of student success with a 80%+ graduation rate and a 100% job placement success rate. For more information including a detailed confidential opportunity summary with financial information and photos, please use this ad's email reply. I will coordinate a call with the seller so you can learn more directly from him.
I will coordinate a call with the seller so you can learn more directly from him. For additional information, please contact Listing Agent Trent Lee at 702-505-2789 or trent@fcbb.com

Detailed Information

Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 9,000 square feet with a Total Rent of $7,782. Lease ends 06/2022 with a one 10 year lease option. Seller is active in the business with 15 FT employees and 1 PT employee. Hours of operation are 9 AM to 5 PM, five days a week. $400,000 in FF&E included in Asking Price. $150,000 made in Leasehold Improvements. Approval from the Department of Education Required, which the company already has.
Support & Training:
On going
Reason for Selling:
Seller is looking for a partner or new owner who he can continue to work for
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(from currently available funds)
 
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Trent Lee

Business Listed By:
Trent Lee

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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.


Sponsoring Broker:
Jeff & Linda Nyman

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