Project Careers – Highly Profitable Career College ($5.9M EBITDA)
Project Career is a highly profitable, multi-campus, for-profit, Title IV career college with approximately 750 students. Since 1995, this school has trained students for careers in healthcare, dental assisting, veterinary science, business, law, and the trades. 70% of students enroll in the college’s fast growing online programs. LPN and RN nursing programs are in development and expected to be ready by the first half of 2024.
Read MoreCustom Vending Machine Distributor
Our client (“CVM”) is a value-added distributor of customized vending solutions that has seen double digit growth in revenue and profits over the last three years. Macro trends for the vending industry make CVM a compelling investment opportunity.
CVM consists of three sister companies. 1)Customized vending sales – sizes, wraps, interiors, and technology that is personalized to each customer. 2)Lending – Focused on expanding sales through microloans to qualified clients while adding additional revenue streams to the business.3) Age Verification – Offers ability to sell “age restricted” products along with adding per transaction fee income.
Read MoreManufacturer of Award Winning Molded Fiberglass RVs
Our client (“IMF RVM”) is a pioneering molded fiberglass RV manufacturer launched in 2020. Its lightweight, durable RVs represent a next-generation construction method versus traditional “stick and tin” models prone to damage.
With its existing two 18’ floorplans, a 22’ floorplan in development and distribution through an established and growing dealer network, IMF RVM is poised for explosive growth. Its scalable production process enables efficient expansion to meet demand.
The company projects 2024 revenues of $22 million and EBITDA of $2 million based on production ramp up to 10 units/week. By 2026, revenues could reach $54 million with additional models, dealers, and 20-30 units produced weekly.
This turnkey acquisition includes IMF RVM’s skilled staff of 5 key employees and 17 others. Its 26,000 sq ft manufacturing facility in Ohio is also available for purchase separately.
Growth capital will rapidly scale IMF RVM’s production and sales in this multi-billion-dollar RV industry.
Parent company is selling to focus their efforts on products for the housing market.
Read MoreGrowing Recreational Vehicle Dealer in Pacific Northwest
Our client (“PNW RV”) is a leading full scale RV dealership that has been family owned and operated since 1976, this location has been opened since 2021. They provide outstanding customer service in a fun and family-oriented business. It also belongs to the largest RV dealer network in the nation, Route 66.
Read MoreHighly Profitable, Degree-Granting Nursing School
INVESTMENT HIGHLIGHTS
• Nationally accredited
• Degree-granting vocational college
• Title IV participation
• LPN, RN & BSN nursing programs
• ABHES accreditation
• Major metropolitan market
• Over 100 clinical locations
• In business for over 15 years
• Spotless regulatory record
DESCRIPTION
Our client is a mid-size private, for-profit nursing school located in a large metropolitan market. Founded over 15 years ago, the school offers in-demand nursing programs and extremely high NCLEX pass rates.
The college has impressive educational outcomes, with strong retention rates, high graduation rates, high placement, and near-perfect NCLEX pass rates. Graduate and employer surveys consistently give the school high marks. The school participates in the Title IV student aid program and has always had a 90/10 ratio below 70%. The school has a spotless regulatory record with no complaints filed against it with its accrediting body or the U.S. Department of Education.
The college has four (4) full-time and 29 part-time instructors. The college’s campus is located in a Class A office building in an affluent suburb. Its lease is effective through June 2025.
WANT TO LEARN MORE?
A detailed offering memorandum and audited financial statements are available to qualified principals upon receipt of the attached nondisclosure agreement. Proof of funds and experience in the education industry may be required.