Nationally Accredited California Healthcare College With Title IV Approval For Sale
Exceptional opportunity to acquire a profitable, nationally accredited, Title IV, healthcare career college with an outstanding reputation in the Southern California market, providing vocational educational training in the medical sector, enrolling upwards of +370 students. It is located on a fully updated leased campus with space to support expanded growth. This sought-after opportunity offers career-focused programs at the certificate, diploma, & associate degree level in nursing etc. The college's national accreditation & Title IV approval for financial aid provides immediate access to the lucrative California healthcare market & the ability for program expansion, branch campus development, & capacity to increase both on-ground & online enrollment. The college's most recent Title IV composite score is an impressive 2.77 & 90/10 ratio of 85%. Thanks to its supportive & professional staff, the college maintains an above-average graduation rate of 95%. It has put in place remarkable educational outcomes, reflected in their solid retention, graduation, & placement rates. The college is positioned for continued growth in 2022, leveraging the high demand for healthcare programs, focusing on higher fee-paying programs, & an increase in both intakes & classes. The college has demonstrated steady profits with 2-year ave. (2020-21) revenue of $4.2M & $1.77M adjusted EBIDA (42% Margin), & positioned for continued growth in 2022, reaching $5.6M revenue & $2.64M adjusted EBIDA (47% EBIDA margin). Student enrollment will increase 33% Y-O-Y within the current campus, generating an additional $1.2M revenue, reaching $2.64M adjusted EBIDA. Overall, enrollment at career-focused healthcare colleges is growing due to pressure from staffing shortfalls in the healthcare sector. Accordingly, the college is well-positioned for continued growth & has in place a solid foundation to operate a high-quality college in the coveted Southern California market. The college's ownership is selling their school to retire & can be available to assist within a reasonable transition period & have an experienced management team to support new owners' transition & succession planning.
Highlights
- Highly Profitable California For-Profit Nationally Accredited Healthcare College located in sought-after Southern California market & positioned to capitalize on long-term growth.
- Significant Margins & Revenue Growth With 2-Yr Avg. (2020-21) Rev. Of $4.2M & $1.77M Adjusted EBIDA (40% Margin), & set for continued growth in 2022 reaching $5.6M rev. & $2.64M adjusted EBIDA (47% EBIDA margin).
- Competitive Advantage In Market As Recognized Leader Offering High-Demand On-Ground/Hybrid/Online Medical Training Programs at the Associate, Certificate, Diploma, & Continuing Ed Level focused in the "high-value" healthcare science sector.
- 33% Y-O-Y Increase In Enrollment For 2022 within the existing campus, generating a further +$1.2M revenue to the bottom line & flexibility to increase both in-person & online enrollment.
- Updated Leased Campus with space to support increased capacity.
- Students Qualify For Title IV Financial Aid with an impressive 2020 composite score of 2.8 & a 90/10 ratio of 85%.
- Unparalleled Market Standing & Consistently Maintaining Clean Regulatory Rating resulting in ongoing accreditation.
- Experienced Management Team in place to support transition to new ownership.
- Outstanding Faculty recognized as industry veterans that promote a strong graduation & placement rate.
- State-Of-The-Art Simulation Equipment creates a strong selling point for prospective students, employers, & quality faculty.
Next Step
Don't hesitate to contact HEG directly if you'd like to know more about this California vocational healthcare career college. This one will sell quickly! Please refer to School No. 3333 in your communications with HEG. You can contact us directly by email or our toll-free number at +1.800-687-1492.
Request More Details
Please complete the form below to request more details for this business. We will review your request and respond to you as soon as possible.Please add any additional notes or comments that we will need to know about your request. You will need to complete a non disclosure confidentiality agreement before full details of this business can be passed on.
Send to a friend
If you would like to send this business to a friend that you think may be interested, please complete the form below. To send this business to multiple friends, enter each email separated by a comma in the 'Friends Email' field.