
Technical Drafting and Computer Repair School
Price: $1,100,000
Location: Northeast
Industry: Educational Services
Listing ID: Project Draft
Listing Status: Reduced Price
Our client (“Project Draft”) is a for-profit, degree-granting, Title IV vocational college. Since 1956, this school has provided students with training for careers in technical drafting, electronics, and computer technology.
Located in the Northeast, the college has 74 students in its 4 degree and diploma programs. The college’s graduates have no problem finding good-paying jobs, as evidenced by the school’s graduation and placement rates.
Project Draft is ideally suited to be acquired by another Title IV institution. By consolidating the school’s programs into the buyer’s operations, the buyer can eliminate all the fixed costs associated with the seller’s campus and administrative staff. By eliminating these fixed costs, the school would have a contribution margin of over $700,000 per year.
The seller will consider offers starting at $1.4 million, or only 2X the college’s projected contribution margin
Total Sales: $1,055,533
Cash Flow: $700,000
Year Established: 1956
Real Estate Included: No
Franchise: No
Relocatable: Yes
Facilities Information: Project Draft is ideally suited to be acquired by another Title IV institution or vocational training provider. By consolidating the school’s programs into the buyer’s operations and eliminating the fixed costs associated with the seller’s campus, the school's programs would generate a contribution margin of over $700,000 per year.
Reason For Sale: Retirement
Training & Support: Up to 2 years
Owner Qualifications: The buyer must be another Title IV institute or other education or training company.
