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Vocational School / Substantial CASHFLOW!

Wayne County, MI

Seller Financing Available
Vocational School / Substantial CASHFLOW!
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Asking Price: $1,150,000

Cash Flow: $448,445

Gross Revenue: $774,620

EBITDA: N/A

FF&E: N/A

Inventory: $10,000*

Real Estate: $120,000

Established: 2006

*not included in asking price.

Vocational School / Substantial CASHFLOW!

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Business Description

This is a great opportunity to own your very own, highly successful, Vocational School in Wayne County. Established in 2006, this school is licensed by the State of Michigan Department of Energy Labor & Economic Growth (DELEG) to provide multiple construction training programs in partnership with Michigan Works Agencies Statewide. The building trades certificate programs offered are: Electrical Wiring/Residential, Heating & Cooling (HVAC), Plumbing, Carpentry & Building Construction. All courses are taught by successful contractors who have years of professional experience working in these trades. The school only employs skilled trades professionals that not only know their craft but are patient and able to teach and convey concepts in a way that students can easily understand. State and Federally funded! All books, supplies and tool kits are included in the tuition. Seller will stay on for 60 days for smooth transitional period and training. Very high CASHFLOW!! If you ever thought of owning your very own school, look no further! All the difficult, troublesome, lengthy process has been completed in starting a school and now ready for a new owner/operator to take over. Easily can be duplicated in other parts of Michigan and beyond. A must see/must have business that will not last long! HIGH CASHFLOW!! Call Armen Nazarian

Detailed Information

Location:
Wayne County, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
5 (3/1099)
Facilities:
This is a great opportunity to own your very own, highly successful, Vocational School in Wayne County. Established in 2006, this school is licensed by the State of Michigan Department of Energy Labor & Economic Growth (DELEG) to provide multiple construction training programs in partnership with Michigan Works Agencies Statewide.
Financing:
$1,150,000 with $350,000 down, 8% int., amortized over 180 mths, balloon in 60 mths
Support & Training:
Seller will train
Reason for Selling:
Retire
Business Website:
http://www.armennazarian.com
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Armen Nazarian

Business Listed By:
Armen Nazarian

Armen Nazarian Business Brokers/Locations Comm Real Estate Sevices

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