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Successful Vocational College In Los Angeles For Sale

Los Angeles, California - South
Asking Price:
$1,220,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,250,000 (USD)
Cash Flow:
$180,000 (USD)

Excellent opportunity to buy a fully license and private institution licensed and approved to operate by the Bureau for Private Postsecondary Education (BPPE). The American Medical Sciences Center is accredited by the Accrediting Bureau of Health Education Schools (ABHES). The College is approved by the Student and Exchange Visitor Program (I-20).The College is recognized by the United States Department of Education (USDE) as an eligible participant in The federal student financial aid (SFA, Title IV) programs.

Accreditation ---Institutional
Financial Aid--- Federal
Reason for Selling- Retirement
Annual Revenue - approx. $1,000,000
Cash flow - approx $180,000
Asking Price $1.220 M

For more information, contact Vardan, using the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

Till 2021

Leasehold Rent:

$132 (USD) per annum

Lease Rent:
$25 (USD) per sq ft per annum
Location:

Glendale, Ca

Premises Details:

This college holds all its classes near the 134 freeway and easily accessible by several surface streets. More than 5,516 square feet of classroom, laboratory and office space is available. Each classroom and laboratory contains sufficient equipment and supplies to meet the needs of each curriculum and student. The building is equipped with heating and air conditioning systems. Entrances and exits are conveniently located so that the building can be cleared quickly and safely in an emergency.

Size in square feet:
More than 5,516 square feets

Business Operation

Expansion Potential:

Multiple Branches could be opened immediately or every two years after the purchase.

Competition / Market:

Being the largest Diagnostic Medical Sonography (DMS) Vocational school in the area, the competition is very minimal.

Reasons for selling:

Owner retirement

Trading hours:

Monday - Saturday 9 am to 10 pm

Employees:
10
Years established:
Since 1996 (23 years)

Other Information

Support & training:

2 months

Furniture / Fixtures value:
$90,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD) - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated.

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