Under Contract
I-20 Language School w/ Accreditation - LA County
This high-profile international language school has been in business for nearly 30 years. It offers quality ESL and TOEFL programs to domestic as well as international students from all over the world. It is certified as a private international school to enroll F1 students by issuing I-20 visa. It is also accredited by a national agency as a well-recognized learning institute. Getting through the negative impact of the pandemic, the school grossed $485k for 2023 with an adjusted net of $91k. The current enrollment is about 110 students. The school is located in the heart of Los Angeles County in Southern California, one of the most dynamic regions in the U.S. The reason for sale is owner retirement.
Business highlights:
- Manageable, relocatable, and scalable business
- Branded name with quality ESL and TOEFL programs at all levels
- Streamlined recruiting process
- Optimized website and tech-focused learning environment
- BPPE approved postsecondary institute
- SEVP certified international school
- National agency accredited learning institute
- High internet ratings (4.5+) and thousands of followers on social media
- Annual gross is trending up
- Dedicated and highly experienced faculty
- Great potential for further growth
Disclaimer: The information herein was furnished by the Seller. Neither Sunbelt Business Brokers Pasadena, nor its agents, have verified the information and make no representation as to its accuracy, completeness or reliability. It is buyer’s responsibility to perform independent due diligence to verify all the information, with the aid of appropriate professionals, if necessary, prior to purchasing the Business.
A full NDA is required for more details. For more information, please contact Iris Chen at (626) 506-0300 or email her at [email protected].
Listed By: Iris Chen
Background information
Reference:
55593
Year established:
Upon Request
Reason selling:
Retirement
Finance
Sales:
$485,000
Profits:
$91,000
Profit type:
Discretionary Earnings
Operations
Inventory:
$3,000 included
Furniture fixtures and equipment:
$50,000 included
Premises
Square footage:
5,000 approx
Rent and lease terms:
$5,000
Price and terms
Price:
$558,000
Down payment:
$558,000
Training:
4 weeks @ 10 hrs per week