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Our Client is selling their highly sought-after, multi-campus private career college located in the heart of the coveted Vancouver & Surrey markets in BC, Canada. They have developed a strong reputation delivering high-quality programming for entry-level & mid-career students in the local & international market. They provide high-demand Certificate, Diploma, & Post-Graduate Certificate Programs in IT, Business Management, & Nursing. Additionally, the popular one- & two-year Co-Op programs for international students. The college is Provincially designated (“accredited”) by PTIB & Ministry of Advanced Education, EQA designated & holding a DLI # to recruit international students, as well as StudentAidBC designation. Our client has invested extensively in the colleges’ upgraded programs, branding, & staffing, & their 2 state-of-the-art campuses. Building on their program development, & leveraging their DLI # to recruit international students, they have further enhanced their business by expanding into the Post Graduate Nursing Certificate Program recruiting students from the Indian & Philippine markets. Building on their growing market demand in 2019, they achieved $2.1M revenue & $995K +/- EBITDA (47.3% margin), & $2.23M revenue & $1.1M +/-EBITDA (45.35% margin) for 2020. They have demonstrated an above-market track record for revenue. Accordingly, the college is well-positioned to maximize profits & revenue for new ownership & a solid platform for short, medium, & long-term growth. This is an excellent turn-key opportunity for buyers seeking entry into the BC market. Everything is in place for a buyer to benefit from a premium, turn-key Western Canadian accredited private career college in the lucrative Vancouver & Surrey markets and a perfect platform for an offshore buyer looking for a quick entry in the BC market and a plug-and-play college group. Please note that our client also has another sister school coming on the market & are available as a stand-alone or combined purchase.
- Leading Western Canadian Career College With Campuses In The Coveted Vancouver & Surrey Locations.
- Highly Profitable with 2019 Revenue of $2.1M & 1M EBITDA (47% margin) & $2.4M revenue & $1.1M EBITDA (45% margin) in 2020.
- Fully Designated (Accredited) Certificate, Diploma, Co-Op, & Post-Graduate Certificate Programs in IT, Business Management, & Nursing.
- Offering Co-Op Programs for international diploma level students.
- Excellent Market Reputation & Consistently Maintaining Clean Regulatory Audits & Rating, resulting in ongoing designation by MOE.
- Includes The Sought-After DLI # to enroll international students in the expanding international student market.
- Local Students Eligible For Financial Aid through StudentAidBC.
- 5,500 ft2 of First-Class, Newly Updated Facilities in the heart of the vibrant Vancouver & Surrey markets, near transit lines, & student accommodations.
- Professional Team Of World-Class Instructors recognized as industry veterans, offering one of Canada’s top faculties.
- Seasoned Management Team to support operations & transition for new ownership.
Ownership Positioned College To Maximize Profits & enrollment growth with a robust pipeline.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.