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.

Total Sales: $14,400,000

Cash Flow: $5,800,000

EBITDA: $5,800,000

Type of Location: Leased

Square Footage: 55,800

Relocatable: No

Reason For Sale:

After 40 years of operating career colleges, the owners want to retire and pursue their personal interests.

Training & Support:

Yes

Potential Growth:

The college is introducing a new LPN program, which is expected to go "live" in Q1 2024. Significant growth opportunities are also available by continuing to add courses to the school's fast-growing online campus.