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Colorado Springs

  • Listing No.: 101-15842

  • Category: Education

Asking Price $499,000
Down Payment $0
Gross Revenue $1,270,673
Total Adjusted Net Income $194,144
Equipment/Fixtures $400,000
Year Established 2006
General Location Colorado Springs
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This is a unique opportunity to buy into and own your own school! According to the seller, the Department of Education will have to oversee and approve this transaction. They will only allow 20-24% of the business to be sold (stock sale) and over 12 months oversee and audit the business as it transfers 100% over to the buyer. The seller is open to selling 100% of the business and would like to stay on as a full time instructor. The seller is also open to retaining a minority share interest if the buyer is only wanting to acquire a certain percentage of the company (majority share and voting rights). They offer small class sizes, 11 years of student success with a 80%+ graduation rate and a 100% job placement success rate. For more information including a detailed confidential opportunity summary with financial information and photos, please use this ad's email reply. I will coordinate a call with the seller so you can learn more directly from him. I will coordinate a call with the seller so you can learn more directly from him.

Gross Revenue $1,270,673 Listed Price $499,000
Total Income $194,144 Down Payment $0
Base Rent $7,782 Square Feet 9000
Total Rent $7,782 Lease Expiration 6/2022
Rent Deposit $3,317 Lease Options 1 10 years
Inventory Not Included Leasehold Improvements $150,000
Equipment/ Fixtures $400,000 Other Assets
Full-Time Employees 15 Training Period On going
Part-Time Employees 1 Special License Required Approval from the Department of Education which the company already has
Contract Staff 0 Reason for Selling Seller is looking for a partner or new owner who he can continue to work for

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.