
Highly Profitable Court Reporting College
Price: $950,000
Location: Midwest
Industry: Educational Services
Listing ID: ED-21-5
Listing Status: Reduced Price
Our client (“Project Scribe”) is a highly respected, industry-leading, and very profitable post-secondary Title IV college specializing in court reporting education. The college awards both certificates and Associates degrees in court reporting.
INVESTMENT HIGHLIGHTS
• Nationally accredited
• Degree-granting institution
• Title IV Participation
• A.A.S and Certificate Programs
• Distance Learning Model
• Scalable platforms with unlimited capacity for synchronous or asynchronous learning • Experienced management team will stay after the sale
• Prequalified for SBA financing
Total Sales: $1,800,000
Cash Flow: $389,000
EBITDA: $389,000
FFE: $90,000
FFE Included: Yes
Inventory Included: Yes
Year Established: 1985
Owner Hours Per Week: 10
Absentee Owner: Yes
Monthly Rent: $5,541
Square Footage: 3,500
Facilities Information: see offering memorandum
Reason For Sale: The college's owner retained Jackim Woods to sell the college so the owner can focus on other business opportunities.
Training & Support: The school comes with an experienced and dedicated management team who will be available to assist and train the new owner.
Historical Summary: see offering memorandum
Owner Qualifications: The buyer must be a U.S. citizen to allow the college to continue to participate in the Title IV program. Experience with court reporting and/or vocational education would be preferred but is not required.
Potential Growth: See offering memorandum
