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Jun 19, 2019 — 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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