* Included in Asking Price
Modern Language School offering courses in English, European and Arabic -
Day, Evening & Summer Structured Courses
Location Oxford Street, London
Asking Price £ 199,500
Asking price includes:
Turnover circa £389,894 per annum
Gross Profit circa £256,356
Active database of 1000+
Trusted and respected name
Highly qualified team of tutors
Modern premises including teaching resources & equipment
Excellent growth and expansion opportunities
Training and handover
Established by the vendor in 2009 and becoming a Limited company in 2010, this business has grown to become one of the fastest growing language schools in London. The school offers courses in General English, European languages and Arabic. The business occupies excellent leasehold premises (the lease expires in September 2015), which are modern and located in the heart of London.
This is a very popular language school with fantastic resources with student ages ranging from mid twenty to mid thirty. Operating throughout the year the 15 - 20 predominantly UK expert tutors offer various language courses and sessions in small focussed classes to utilise the facilities to maximum profitability from A1 beginner courses to B1 intermediate.
A major part of the service that brings in additional income is derived from accommodation and exams, excursions and outings that are all regularly monitored to maintain the high standards of service offered by the school.
This is a successful and profitable business with a very good reputation in the marketplace, a good trading record and excellent growth and expansion prospects. Turnover is circa £389,894. This represents an excellent acquisition opportunity for anyone looking to establish a foothold in this very buoyant and lucrative industry or for an existing operator to increase their penetration within this high demand market sector.
|Facilities:||Working for modern premises with a lease in place until September 2015 the building is circa 2,500 sq. ft. and divided into an operations office, student room, 8 class rooms and 2 staff rooms.|
|Competition:||With an excellent reputation and benefiting from high levels of awareness, this business also has a very well designed and informative web-site and performs very well in Google rankings and cross web advertising and uses pay per click plus having and excellent organic listing. It has a downloadable corporate brochure and undertakes a small amount of email shots.
By far the most cost effective form of marketing this business enjoys, however, is strong word of mouth recommendation, testimony to the very high levels of customer satisfaction the business engenders.|
|Growth Potential:||There is an outstanding opportunity to build on the existing business levels and customer base of this company by expanding worldwide into the global market. The school could certainly be expanded to take the business into other geographical areas. Scandinavia, China and Eastern Europe are countries where students can frequently take advantage of Government funding for English language study, for example, and are rarely represented amongst the existing student intake.|
|Training/Support:||Support and training will be provided to ensure continuity of trading during a handover period.|
|Sale Reason:||The vendor is pursuing other business ventures.|
Seller Reference #CC168
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