Great opportunity to run a comprehensive private education institute

Asking Price$6,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
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Great opportunity to run a comprehensive private education institute


Asking Price$6,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
Business Description
The comprehensive institute contains the Institute of Technology, K-12 education, short term training, online education, Chinese medical education, and certificate training. The school located in North of Ohio, with more than 100-year old school history. Founded in 1890, the District consists of three school buildings located on one campus: Elementary School, Middle School, High School. Within the District, teachers are licensed and the student-to-teacher ratio is higher than the state average. Institute of Technology is also one of the school districts, which offers associate degrees and short-term certificate programs. Students will typically take one to two years to finish as they need to complete all necessary graduation requirements with a required GPA. Institute of Technology (Vermilion) meets the requirements of Chapter 3332 of the Ohio Revised Code and the standards, rules and regulations of the State Board of Career Colleges and Schools. This certificate of registration grants approval to the Institute of Technology to legally offer and solicit students for authorized postsecondary education programs in the State of Ohio. The institute is cooperating with 11 education institutes in the nation, and is expanding the cooperation with the international education institutes oversea. The rent is only $60k/year, which is really cheap. The owner also consider selling the whole real estate property.
About the Business
Years in Operation
11
Facilities & Assets
The institute has around 67,900sf building, including 30 classrooms, kitchen, dining hall, inside playground, and library. There is a 6.45 acres lot used for the playground area, which can be used for new building.
Opportunities for Growth
The institute's competitive discipline is electrical engineer which has been successful, it is expand new research fields such as Chinese medical science, and will pay more attention to the Chinese medicine research and manufacture in America local area to develop the potential market.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
67,900
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller shall supply all the pathways to help the new owner to set up the new research and development system. Which will be always the core value of an education/research institute.
Listing Info
ID
2356171
Listing Views
555

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Business Listed by: Fei Wang CapStar Commercial Realty

Listing ID: 2356171 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.