Vocational Training School

students in a classroom

Business Details

Company Profile

Listing ID: VANCOBC002-N513

Location: Metro Vancouver, BC

Type of Entity: Corporation

NAICS: 453910

Industries: All Other Schools and Instruction

Business Highlights

  • Recognizing significant growth
  • In-demand training program
  • Recognized leader in this area
  • Great location
  • All season business
  • High margins
  • Low HR costs

This vocational training school offers a unique variety of training programs for adult students working in various organizations. Demand for the classes offered is increasing, as has been seen by the rapid sales growth over the past 5 years, and is in line with the high growth rating within the industry as a whole;

chart explaining educational service growth in upcoming years

Sales continue on the same growth path in 2020, and coupled with newly implemented growth strategies by the owner, this presents itself as a wonderful opportunity for anyone looking for a strong investment in the education sector. The business model and related curriculum lend itself to easy scalability for those wishing to continue expansion.

Type of Sale: Share Sale

Assets Include: Furniture, Fixtures, & Equipment / Goodwill / Normal Net Working Capital of $70,000

BUSINESS ASKING PRICE

$995,000

Normalized Financial Summary

YEARREVENUESSDEEBITDA
PROJ. 2020 $1,434,000 $498,000 $421,000
FYE 2019 $1,297,000 $424,000 $349,000
FYE 2018 $1,035,000 $344,000 $270,000
* EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
** SDE - Seller’s Discretionary Earnings
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Metro Vancouver, BC