Accredited, Title IV Participating School
Location: Pennsylvania
Industry: Educational > Schools
Financials
Gross Revenue: $1,264,000
Gross Revenue Comments: Fiscal year ending 12/31/05
Cash Flow: $248,000
Cash Flow Comments: Fiscal year ending 12/31/05
FF&E: $766,000 (Included in Asking Price)
Seller Financing: Seller will finance purchase for a well qualified buyer.
Business Summary
The company was established in 1985 as a computer sales, service and training organization. Short-term computer training classes were offered to the public in that year. In 1986, full-time comprehensive computer training programs were developed, and these programs were submitted to the Pennsylvania Department of Education for state licensure. In 1989, the company became incorporated, and in 1991 the company was recognized by the national accrediting agency, ACCET (Accrediting Council for Continuing Education & Training). The facility is located inside a shopping mall with ample parking. There are up to 7 classrooms, two medical labs/classrooms, a massage therapy classroom and clinic, testing center, and student and faculty lounges. Classrooms are equipped with one PC workstation per student. Students have access to networked printers.
About the Business
Year Established: 1985
Employees: 12 full time - 10 part time
Facilities: The facility is 10,000ft2, rents for $7923.64/month and the lease expires in Aug 2015.
About the Sale
Management Training and Support: Owner is absentee, management team will stay in place and handle all training.
Reason For Selling: Absentee owner wants to divest of this business.

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Listing Tools
BizQuest ID:813081
Seller ID:275-D
Business Listed By
Name:Philip Balis
Company:Abacus Mergers & Acquisitions
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