Profitable Ontario-Based Accredited For-Profit Career College With Coveted DLI Number For Sale
Our client is selling their profitable, accredited, private vocational career college, which holds a DLI # in the desirable Greater Toronto Area market of Ontario. The college provides high-demand certificate & diploma level, & post-graduate career training programs in Business, IT, Healthcare, Management, & Hospitality & Tourism, & authorized for study permits to enroll international students in their popular 1- & 2-year Diploma Level Programs. Notably, ownership shifted to enrolling international students, leveraging their DLI numbers and high-demand programs, resulting in a tripling of students to 95 in 2017 and a doubling to 175 in 2018, representing a 76% year-over-year enrollment growth. Building on demand in 2018, the college will enroll 175 students, generating $1.75M in revenue and $1.35M in EBITDA (a 77% EBITDA margin). Building on continued demand in 2019, enrollment and revenue growth are expected to increase by 60%, reaching 285 students and $2.6 million in revenue, with $2 million in EBITDA. This represents a remarkable 200% enrollment growth rate from 2017 to 2019. Ownership continues to expand revenue channels with the addition of local students through OSAP (financial aid) authorization, HRSDC 2nd career student funding, expansion into Quebec for students receiving PGWP, and establishing representation in China to further boost enrollment and revenue in 2019 and beyond. Accordingly, the college is well-positioned to maximize profits for new ownership and provide a desirable platform for short-, medium-, and long-term growth. Everything is in place for new owners to benefit from a premium turn-key career college in the lucrative GTA market.
Highlights:
- Premier Canadian Private Career College Located In High-Demand GTA Market & recognized as a top business college in its region.
- Clear Avenues For Continued Growth In 2018 With Enrollment Increasing 76% Y-O-Y & Expected Profits Of $1.75M Revenue & $1.35M EBITDA.
- Growing Revenue Channels For 2019 With 77% EBITDA Margins & $2.6M Revenue & $2M EBITDA Forecast.
- Registered DLI # & actively enrolling international students.
- Accredited Certificate, Diploma, & Post-Graduate Diploma Programs in IT, Healthcare, Business, & Hospitality & Tourism.
- Offering Coveted 1- & 2-Year Programs for international students.
- Consistently Maintaining Clean Regulatory Audits & Rating resulting in ongoing designation by the Ministry of Advanced Education.
- Local Students Eligible For Financial Aid thru forthcoming OSAP eligibility.
- Modern Facility in heart of vibrant GTA market, near major transit lines, & student accommodations.
- Professional Team Of World Class Instructors recognized as industry veterans, offering one of North America’s top faculties.
- Turn-Key Management Team in place to support operations & transition for new ownership.
Next Step:
Contact HEG directly if you would like to know more about this Canadian Career College. Please refer to School No. 3682 in your communications with HEG. You can contact us directly by email or our toll-free number at +1.800-687-1492
