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Nov 4, 2019 — Our client is selling a profitable, accredited, For-Profit Career College in Greater Toronto Area of Ontario, offering + 30 diploma programs in Business, Healthcare, & Law to local & international students for 30 years. It is a Private Career College registered with the Ministry of Advanced Education & Skills Development & has financial aid eligibility with the Ontario Student Assistant Program, & Designated Learning Institute (DLI) number granted by Immigration, Refugees & Citizenship Canada. Thousands of students have graduated from their programs & have successful careers in their chosen fields. Over 70% receive student loans from Ontario Student Assistance Program, 20% receive education funding from EI, & the remainder is either fee-paying (domestic or international) or receive funding from WSIB, Insurance Companies, or employers. Their student body includes new Canadians seeking a local education & local work experience through their practicum component program, single parents seeking to get back into the workforce, & career seekers looking to upgrade their professional skills. The College has a fantastic location in GTA that is safe, central, & accessible to local transportation & amenities. It operates out of an 7,500 ft2 recently renovated campus with a competitive lease & custom designed space with classrooms, computer room, staff lunch space, student lunch space, server & IT infrastructure, office space for receptionists & administration, etc. Overall, the College has demonstrated consistent profits in operations & averaged over the last 3-years $3.9M revenue & $222K EBITDA, , demonstrating consistent profits y-o-y. Everything is in place for new ownership to take the school to the next level & benefit from a premium. turn-key, fully accredited career college in a high demand Ontario market. It is positioned to maximize profits & revenue growth for new owners & in fantastic shape for medium- & long-term profitability.
* For-Profit Canadian Career College founded 40 years ago & located in a highly regarded GTA market & recognized as a top business school.
* Exceptional Opportunity To Enter Ontario Post-Secondary Sector & expand with market demand.
* High Demand Accredited Business, Healthcare, & Law Programs offering industry recognized diplomas.
* Steady Revenue Averaging $4 M & $225K adjusted EBITDA.
* Foundation Established For Growth in enrollment, revenues, & profits with double-digit margins.
* DLI Number designated by IRCC allowing enrollment of international students.
* Consistently Maintaining All Accreditation Approvals from regulatory bodies.
* Students Eligible for Financial Aid under coveted Ontario Student Assistant Program.
* Modern & Spacious Facilities in the heart of vibrant downtown location, near major transit lines & student housing.
* High Tech Student Friendly Learning Platform, providing cutting-edge hybrid learning model for student instruction.
* New Ownership Have the Flexibility To Add new programs.
* Turnkey Management Team in place to support operations & transition.
* Ownership Positioned School to Maximize Profits & Enrollment growth.