MergerPlace

Very Profitable Higher Education Service

Michigan


  • Asking Price: $520,000
  • Gross Income: $471,800
  • Cash Flow: $190,500
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $3,000
  • Listing ID: #209824
  • Established: 2005
  • Employees: 3

Business Description

The Business is a profitable and highly-automated college admissions and financial aid advisory company. The Company offers customized services to students such as personal consultants, student profile creation, SAT/ACT classes, college search and visit training and more. All services are tailored to find the college and major best suited for the applicant and design affordable payment plans. The majority owner (75%) is not involved in any aspect of the day-to-day operations. The minority owner (25%) works approximately 5 hours per week. Ownership is interested in selling to focus on other business opportunities.
Parents can also work with the consultant to answer questions concerning college events, filing deadlines, and most importantly coordinating available financial aid for their child. The company sponsors college funding workshops outlining strategies and techniques to make the college experience more affordable. Many of the services offered are web-based and highly automated for ease of use to the client.
A proprietary software package has been developed by ownership that allows for a smooth transition to the purchaser, coordinates with resellers, and accessible to clients remotely. The company-sponsored college funding workshops provide the attendees insight into the services offered by the Company creating a sustained client base. The Company offers the most complete admissions assistance and financial aid tools for students and their parents. Three employees maintain the current customers allowing the new owner to market the business by expanding corporate membership, broadening affiliate resellers, or utilization of social networking platforms.
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Business Details

Primary Business Category: Services - Educational
Location: Michigan

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $520,000
Gross Revenue: $471,800
Cash Flow: $190,500
EBITDA: $254,184
FF&E: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

The Company operates out of a 900 sq. ft. facility leased from an unrelated entity.

Growth & expansion opportunities:

Growth opportunities include: 1) Organizing more joint ventures with insurance marketing organizations; 2) Specific subject tutoring; 3) Implementing marketing initiatives 4) Selling more individual classes and coaching; 5) SAT/ACT personal tutoring; and more!

Competition:

There are very few providers that offer the broad range of services to students and parents for college preparation, admissions and financial aid guidance than the Company. Some providers offer similar solutions but are either marketed for the prestigious colleges at a very high cost to the client, or the platforms do not offer an integrated solution. Other investment highlights Include: 1) Niche Service Offering with Established Infrastructure; 2) Proprietary Software and Website; and 3) Leading Industry Reputation.

Reason for selling:

The owners have other business interests and recognize that they cannot manage all effectively.

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC