San Mateo County, CA Education and Child Related Businesses For Sale

Educational Market SAAS Web Platform
$900,000
Educational Market SAAS Web Platform

San Mateo County, CA

An innovative, state-of-the art web platform for the burgeoning education market – elhi and college, with proprietary custom-developed software, proven market acceptance, and profitable proof of concept. Business Overview With limited space, staff, and budget, peer tutoring and mentoring programs are challenged to keep up with students’ growing demands for personalized individual learning. This company’s peer learning platform helps students quickly connect with peer tutors and mentors at their school, while empowering administrators to improve and grow their programs, increase efficiency and effectiveness, and reduce costs. Launched in 2015, the company has programs in place with seven major universities, on a web platform that can host thousands of colleges and high schools and millions of students. The current revenue model is tutoring centers paying an annual licensing fee based upon the number of users. There are myriad variations possible, including an-institution-wide site fee, per-user fees, direct-pay by students/parents, and free service supported by corporate sponsors. All the development of the proprietary software and systems is completed. The business has been operated over the last year to establish proof of concept—that this is a viable business, not just unproven technology. Current revenues are minimal, but the annual operating costs are negligible; the company operates at a modest profit. The expense investment that will be required from the new owner is for the aggressive marketing and sales that will bring the company to its full potential. The current software developers are willing to remain with the company at the option of the new owner. Market & Opportunities for Growth 1) Currently, the company serves tutoring centers at 7 major U.S. universities. There is a ready market to engage other tutoring programs at the schools where the company already has a presence in the central tutoring center; many schools have 5-10 tutoring programs. The sale would be made at a CFO, CIO, Academic Dean/Provost level instead of the tutoring center director to get all the programs on board at once. 2) The platform can be easily expanded to encompass academic advising. Adding this feature would expand the increase the expense savings for the institution, increase efficiency, enhance the educational benefit the students, and increase value and profit for the company. 3) The services can be sold at the university-system level. For example, there are already three California state university locations using the platform with great success; the entire UC system (9 universities) and CSU system (23 universities) are prime targets for expansion. Selling at the university system level. We have 3 California state schools using the platform. 4) Existing customers are so pleased with results that they will eagerly and enthusiastically refer colleagues at other institutions once a referral system is implemented. 5) Community colleges nationwide are seeking means to improve student retention and completion. This platform is a proven solution. 6) Public high school districts and private high schools are another untapped market. 7) Private tutoring offerings (B2C) can be expanded with worldwide reach. College and high school students can book private tutoring sessions with college and graduate student tutors worldwide. It’s like an “Uber” for tutoring. 8) This platform presents an exceptional opportunity for advertising by grad schools, test preparation programs (SAT, GMAT, GRE, MCAT, LSAT), student travel opportunities, local and national food and beverage providers, etc., etc. 9) This platform can be further expanded to support interactive video chat professional appointments, on-line individual and group tutoring, peer-to-peer mentoring, and the burgeoning distance education sector. Price and Valuation The owners have developed an exceptionally efficient and robust SAAS (software-as-a-service) platform with significant intrinsic value as pure technology alone. But, far more important, they have created a business and have proven its value, profitability, and potential. The principal owner recognizes his sales and marketing limitations and has another venture to pursue; therefore, his prudent decision is to find an investor to purchase the business and grow it to its true potential. The transaction envisioned would be a sale of all the assets of the company—intellectual property source codes, name, web domains, current contracts, customer and prospect database, etc. The entire development was conceived in 2013, with a primitive version. Development continued through 2014 and 2015, and was launched in autumn of 2015. The developers included an experienced software engineer with over 20 years of experience, a computer science MS with 15 years of experience, additional programmers, and design/user-interface experts. The estimated development cost to replicate the platform is at least $1,500,000, and the estimated time to market would be at least 18 months. The owners are placing this company on the market to invite interested investors to determine the value they place on this business as a stand-alone enterprise and/or as integrated into an existing business. Potential buyers include entrepreneurs, private equity groups, family offices, college textbook publishers, major data and social media platforms, college and grad school prep providers, as well as businesses catering to the high school and college student market. Far more detailed information will be available upon the submission of our NDA.

Very Profitable Driving School
$148,900 Cash Flow: $128,700 Seller Financing
Very Profitable Driving School

Burlingame, CA

This 25+ year old driving school is a leading provider of online drivers’ education, drivers’ training and behind the wheel instruction for teenagers, adults and seniors. Also, drivers evaluation and adult refresher courses. Experienced professional instructors. Price includes 3 training vehicles. 13.7 % sales growth in 2015. Opportunities to expand abound. Great client retention and referrals. The financials are very detailed and verifiable. Owner will carry. Can you see yourself living the dream and behind the wheels of this business? Interested in learning more? Don't wait! This opportunity won't last long!