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Details

Our client is selling their highly sought-after private career college located in the popular Vancouver market in British Columbia, Canada. The college has a strong reputation for delivering high-quality programming for entry-level and mid-career students in the local and international market, providing high-demand Certificate, Diploma, and Post-Graduate Certificate Programs in Nursing, Information Technology, and Business Management. They also offer the popular one- and two-year Co-Op programs for international students. The college is Provincially designated (“accredited”) by The Private Training Institutions Branch (PTIB) of the Ministry of Advanced Education, Education Quality Assurance (EQA) designated and holding a Designated Learning Institution number (DLI) to meet provincial requirements to issue study permits for foreign student enrollment, as well as StudentAidBC (SABC) designated. The college has historically been profitable, with 2019 revenue of $2M and $900K adjusted EBITDA. The college foresaw a market opportunity and established limited-time two-year diploma programs, with 2022 forecast revenue of $3.4M and $450K adjusted EBITDA. Notably, the college’s entire catalog of PTIB-approved programs is ready to roll out for student enrollment – for both local and international students. The college is highly regarded in its market with significant brand equity, high-quality educational standards, and demonstrated profitability. Under new ownership and with markets reopening for access to international student enrollment, the college is exceptionally well-positioned. Everything is in place for a buyer to benefit from a premium, turn-key Canadian accredited career college in the lucrative Vancouver market. This is a ready-to-go opportunity for a buyer seeking immediate entry into the sought-after British Columbia market with all the boxes checked. The college is ready to ramp up programs and enrollment to maximize profits.

Highlights

* Leading Western Canadian Career College, Located In Coveted Vancouver Market.
* Fully Designated (Accredited) Certificate, Diploma, Co-Op, & Post-Graduate Certificate Programs in Nursing, Business Management, & Information Technology.
* Offering Co-Op Programs for international diploma level students & work/study visas.
* Exceptional Market Reputation & Brand Recognition, Consistently Maintaining Clean Regulatory Audits & Rating, resulting in ongoing designation by MOAE.
* Includes Sought-After DLI Number to enroll international students in the expanding international student market.
* Local Students Eligible For Financial Aid through StudentAidBC designation.
* Historically Profitable with 2019 Revenue of $2M & $900K adjusted EBITDA (46% margin).
* Bump Up In 2022 Forecast Reaching $3.4M Revenue & $450K Adjusted EBITDA resulting from new programming.
4,700 ft2 of Updated Facilities in the heart of the vibrant Vancouver market, near transit lines & student accommodations.
* Management Team Available to support operations & transition.
* Current Owners Available To Support Transition for new ownership.
*Full Catalog Of Ministry Of Education Approved Programs in Nursing, Business, & I.T.

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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.