Established Accredited Language School

Listing ID:
OTTAWON001-N1412

Ottawa, Ontario, Canada

Language Schools

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Chris Skowronski

chriss@sunbeltcanada.com
Cell: 613.282.0125

Description

RECENTLY SOLD. Well established and profitable language school is for sale in Ottawa. Excellent location, business operates in an affluent, growing area of the city with government offices nearby. Well designed and equipped purpose-built premises, a truly turnkey operation. The company enjoys an expanding marketplace with significant amount of opportunity to grow its niche business as demand for child education and language training is on the rise. Strong on-line presence. Low owner dependency. Loyal, knowledgeable and passionate staff and experienced management will stay with the new owner. This is an independent school - no franchise fees. Plenty of training will be provided by the current owner to ensure a smooth transition. For more information on this exciting business acquisition opportunity please contact: Chris Skowronski at Sunbelt Business Brokers Ottawa, direct: 613-282-0125; office: 613-731-9140 ext. 244; email: ChrisS@sunbeltcanada.com

Financials

Asking Price:$115,000
Revenue:$420,145
Cash Flow:$70,871
Downpayment:$100,000
Monthly Payroll: ON REQUEST
FF&E Asking Price:$38,700 (Included in Asking Price)
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:2256 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2012
Year Acquired:2012
Full-Time Employees:11
Part-Time Employees:5
Reason For Sale:Moving out of country.