For Sale: Profitable Ohio RV Dealer with $4.3 Million in Revenue
A well-established RV dealership in Ohio is for sale. This turn-key operation includes nearly 6 acres of real estate with a new 5,900 sq. ft. show room, office, and repair facility, plus service bays for up to six RVs. This is an established business with repeat customers. It currently employs 8 full time staff and 4 seasonal, part-time workers. The company is located in an attractive rural setting about 30 minutes from a major city with several parks and campgrounds within a 30 mile radius. The dealership operates with state-of-the-art customer management software and great equipment.
Products include several leading RV brands as well as a wide selection of used RVs. The service business has grown significantly since the new facility was built and with a little marketing can grow even more. The dealership sells over 200 units a year. Price includes all assets of the business including real estate, furniture, fixtures, equipment and all RV and parts inventory. The inventory is valued at approximately $1.6 million. The real estate was recently appraised at $850,000.
2016 revenue is $4.3 million. Adjusted EBITDA is $622,000.
Asking Price is $4.3 million (includes real estate and RV inventory).
Several floor plan companies are available to finance the buyout of the seller’s current new inventory (approximately 100 units at $1.6 million). Seller may be willing to finance the purchase of the used inventory depending on the buyer’s experience and other terms of the deal.
For more information contact Rich Jackim at email@example.com or (224) 51305142.Read More
Nationally Accredited, Title IV, Allied Healthcare School – SOLD
THIS OPPORTUNITY IS NO LONGER AVAILABLE. CALL US TO LEARN ABOUT OTHER NURSING SCHOOLS WE HAVE FOR SALE
2016 Revenues (Est.): $2,400,000 2016 EBITDA (Est.): $343,000
Established Healthcare & Skilled Trades Programs – Medical Assistant–10 months, Licensed Practical Nurse (LPN)–12-14 months, Certified Nursing Assistant (CNA)–3 months, and HVAC Repair (HVAC)–12 months.
Major Metropolitan Market – The school has two campuses in a major metropolitan area in the Midwest.
High Placement Rates – 73% placement rate for its LPN program in 2015.
Fully Accredited, Title IV Institution – Currently accredited by ACICS and participates in Title IV program. Changing accrediting agencies to ACEN.
Excellent 90/10 Rate – The School’s 2015 90/10 rate was 60%.
Our client is a nationally accredited, Title IV allied healthcare career school established in 1997. The school offers allied healthcare and skilled trades programs. In 2016 the school has a total enrollment of over 300 students who attend the school’s two campuses located in a major metropolitan market in the Midwest. The school’s largest program is its licensed practical nurse (LPN) program with approximately 192 students which represents approximately 64% of school’s total tuition received.
Based on internal financial results through May 2016, management expects 2016 annualized revenues to be approximately $2.4 million and adjusted EBITDA to be $343,000. This is up 15% and 78% respectively from 2015.
The school is accredited by ACICS however management is in the process of changing accreditation to ACEN which they anticipate will be received before the sale is complete. The school’s founders have some minor health issues and are interested in retiring, however, they are willing and able to work with the buyer for a reasonable transition period or as consultants afterward.
Additional information is available to qualified principals upon receipt of a signed nondisclosure agreement attached. Download Client Profile and Nondisclosure Agreement.
Please contact Richard Jackim at (224) 513-5142 or firstname.lastname@example.org with any questions.
Profitable, Well-Operated Nursing School – SOLD
THIS OPPORTUNITY IS NO LONGER AVAILABLE. CALL US TO LEARN ABOUT OTHER NURSING SCHOOLS WE HAVE FOR SALE.
Established Healthcare Programs– Including Registered Nursing, Licensed Practical Nursing, and Medical Office Assistant
Certificate & Degree Programs – Awards Associates degrees in Registered Nursing and Medical Office Assistant programs and certificates in its Licensed Practical Nursing Program.
Outstanding Educational Outcomes: Graduates of the RN and LPN programs had an impressive 87% and 98% pass rate on the state’s Nursing Board Exams, respectively.
High Placement Rates – 100% placement rate for all programs in 2015.
Fully Accredited, Title IV Institution – Accredited by Accrediting Council for Independent Colleges and Schools (ACICS) and participates in Title IV funding.
Good 90/10 Rate – 2015 Title IV funds were 81% of total revenues.
No Gainful Employment Issues: With 100% placement rates and high starting salaries, there are no gainful employment issues.
In 2015 revenues were just over $879,000. Adjusted EBITDA in 2015 was $108,000. Management expects 2016 revenues and EBITDA to be $839,000 and $184,000. Management expects the Fall semester to be strong. The RN class is expected to be full with alternates waiting. The LPN class is currently half full and still getting applicants.
The School is owned by a non-profit entity that operates two nursing schools. While the School is technically a campus of a multi-location college, it has its own OPEID number and is designated as a Main Campus. With margins in excess of 20%, a strong 90/10 rate, strong placement rates and no gainful employment issues, this school could be operated as either a non-profit or a for-profit career college.
Download Executive Summary & Nondisclosure Agreement.
For additional information contact Rich Jackim at email@example.com or at 224-513-5142.Read More
Jackim Woods & Co. Advises on Sale of Midwestern Career College[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text”]
Midwestern Career College was acquired by MCC Holding Group, LLC. Midwestern Career College is one of the leading Title IV allied healthcare career colleges in the Midwest with certificate and degree programs in over a dozen programs. The school is best known for its Magnetic Resonance Imaging, Diagnostic Medical Sonography. Non-Invasive Cardiovascular Tech, Surgical Tech, and Dialysis Tech programs and is one of only a few schools in greater Chicago area to offer these programs.
Rich Jackim, a partner at Jackim Woods & Co., represented the Midwestern Career College and arranged the transaction.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section] Read More
Jackim Woods & Co. Advises on Sale of Success Schools, LLC
CHICAGO, IL, January 4, 2016 – Success Schools LLC, a leading Title IV career college for barbers, was acquired by Denmark Education.
Success Schools, with campuses in Merrillville, IN and Chicago, IL is the largest Title IV barber college in the Midwest. The principals of Denmark Education are experienced Title IV school owners and operators who plan to build on Success Schools’ solid reputation and strong educational outcomes.
Rich Jackim, a partner at Jackim Woods & Co., represented Success Schools, LLC and and arranged the transaction.
Jackim Woods & Co. Advises on Sale of Echo Springs Academy
Echo Springs Transition Study Center and Academy was acquired by the principals of Breakwater Expeditions. Echo Springs is one of the most highly respected therapeutic boarding schools for young adults. Founded by Doug Kim-Brown, Echo Springs has been called the “gold standard” of young adult transitional programs. The program’s staff of 20 professionals work with approximately 20 students between the school’s two locations.
Rich Jackim, a partner at Jackim Woods & Co., represented Echo Springs Transition Study Center and arranged the transaction.Read More
Jackim Woods & Co. Advises on Sale of Allied Health Professionals
Allied Health Professionals, the leading contract staffing company for physical, occupational and speech therapists, was acquired by a private investor.
Allied Health Professionals specializes in placing PTs, OTs, and SLPs on a contract basis with school districts throughout the metro Chicago area and northern Illinois. Founded by speech language pathologist, Barb Miller, Allied Health Professionals is the largest specialized allied healthcare staffing company of its kind in the Midwest.
Rich Jackim, a partner at Jackim Woods & Co., represented Allied Health Professionals and arranged the transaction.Read More