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Asking Price$99,500
Revenue$120,000 EstablishedUndisclosed
Cash FlowUndisclosed Employees3 part-time
FF&E$30,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
A good opportunity to acquire a fully functional & established private career college in the allied health sciences sector for adult employees with a lot of potential for growth in the ever expanding health services industry. It is situated in Los Angeles County and has students from a radius of 25 miles. The college is approved by the Bureau of Private Post-Secondary Schools and California Department of Public Health to conduct CNA (certified nursing assistant) and HHA (home health aide) programs, Medical assistant, besides fashion designing program. The owners have applied for the LVN program which is in the pipeline.  This college is established since 1999 and was acquired by current owners in 2004. The school prepares students to become CNAs, Home Health Aides and fashion designers.  The owners have good relationships with surrounding hospitals and nursing homes for student placements.  The school has a 100% completion rate and a post certification employment rate of around 90%. One of the partners is a doctor attached to a hospital for training nurses and is also a teacher at a reputed college, she can give about 10 hours of time to this career college.  The other partner is professionally occupied in the IT sector.   As both the owners can put in a few hours only for managing the school, they have not been able to devote the time and energy needed to expand the school. Besides they are planning on retiring. This is a unique opportunity for nurses/health industry employees to acquire their own business or for an existing school to have another established branch.   All the credentials and licenses will be passed on to the new owners.  The sellers will stay back for a full month to help in the transition process and if required one of the sellers can continue as a consultant for a reasonable amount of time on a mutually agreed compensation package.  Buyers can introduce long term programs and apply for Title 4 to increase revenues substantially. The asking price includes dba, phone numbers, all lab equipment, library of books, computer systems, previous student records, licenses and approvals for courses, furniture-fixtures, lease for premises and training buyer for 4 weeks.  If additional training is needed, one of the sellers will consider to offer her services for teaching/training at a mutually agreed compensation. The sellers may carry a note for two years for eligible buyers. For more information, please contact Mike Jasani at (818) 342 5222 ext.445 or cell phone 818-723-5150 or email:  msjasani@gmail.com

Real Estate Number: 01372982
Training/Support:4 weeks at 20 hours per week following close of escrow
Sale Reason:Retirement
Ad #86155
Seller Reference #SANFECA001-N2964
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Contact This Seller
Mike Jasani
(818) 342-5222
Email Address