British Columbia, Canada Accredited Vocational Career College With DLI # For Sale
Our client is selling their highly respected private career college located in the sought-after Vancouver, British Columbia market. Founded three decades ago, it is recognized as an industry leader in high-demand Diplomas, Advanced Diplomas, Diplomas with Co-Op, and Certificate Programs in Hospitality and Tourism, Flight Attendant, and Travel Education. They also offer pathway programs in its popular Travel and Tourism and Hospitality Programs, with the highest five-star program endorsement from the Canadian industry. The college is Provincially designated (“accredited”) by PTIB, EQA designated with a Designated Learning Institution number (DLI) to enroll international students, and StudentAidBC designated to offer domestic students financial aid. The college has historically been profitable, recently enrolling more than 500 students in 2019 with $5.5M revenue and adjusted EBITDA of $1.7M (32% margin), and in 2020 enrolling 323 students with revenue of $5.3M and adjusted EBITDA of $1.4M (26% margin). The college is highly regarded in its market with significant brand equity, high-quality educational standards, and a track record for solid profits. Under a renewed vision from new ownership and the markets reopening with access to international student enrollment, the college is well-positioned to ramp up. This is a ready-to-go opportunity for a buyer seeking entry into the sought-after British Columbia market with all the boxes checked. All the building blocks are already in place for a buyer to own a fully accredited Vancouver private career college that typically takes up to five years to establish. Everything is in place for a buyer to benefit from a premium, turn-key Canadian accredited career college in the lucrative Vancouver market.
Highlights
- Exceptional Opportunity For New Owner-Operator or Seasoned Owner To Acquire A Highly Respected B.C. Career College in the sought-after Vancouver market.
Fully Designated (Accredited) Offering Diplomas, Advanced Diplomas, Diplomas With Co-Op, & Certificate Programs in Hospitality & Tourism, Flight Attendant, & Travel. - Holding Coveted DLI Number to enroll international students in the high-demand Canadian international student market.
- Market Leader Providing High-Quality Hospitality & Tourism Programs to over 35,000 satisfied graduates.
- Local Students Qualify For Financial Aid through StudentAidBC designation.
- Unparalleled Market Standing, Consistently Maintaining Clean Regulatory Rating, resulting in ongoing designation by the Ministry of Advanced Education.
- Historically Profitable Pre-COVID With Strong Brand Recognition, reaching 2020 Revenue of $5.3M & $1.4M EBITDA and +300 students.
- +14,000 ft2 of Updated Facilities in the heart of Vancouver; close to public transit lines & student accommodations.
- Full Catalog Of Ministry Of Education Approved Programs in Hospitality and Tourism.
- Well-Trained & Seasoned Staff In Place to support operations & transition.
- Current Owners Available To Support Transition for new ownership.
Next Step
Don't hesitate to contact HEG directly if you'd like to know more about this BC hospitality and tourism career college. Please refer to School No. 3999 in your communications with HEG. You can contact us directly by email or our toll-free number at +1.800-687-1492.
