Highly Profitable Court Reporting College

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: $472,000

EBITDA: $472,000

FFE: $90,000

FFE Included: Yes

Inventory Included: Yes

Year Established: 1985

Owner Hours Per Week: 10

Employees: 28

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