Overview:
Our Client is selling their highly sought-after private career college located in the heart of the coveted Vancouver & Surrey market of BC, Canada. They have developed a strong reputation delivering high-quality programming for entry-level & mid-career students in the local & international market. They provide high-demand Certificate, Diploma, & Post-Graduate Certificate Programs in IT, Business Management, & Nursing. Additionally, they offer the Postgraduate Certificate in Nursing Practice, & the popular one- & two-year Co-Op programs for international students. The college is Provincially designated (“accredited”) by PTIB & Ministry of Advanced Education, EQA designated & holding a DLI # to recruit international students, as well as StudentAidBC approved. Our client has invested extensively in the colleges’ upgraded programs, branding, & staffing, & their 2 state-of-the-art campuses. This is a turn-key business for new ownership. Building on their program development, & leveraging their DLI # to recruit international students, they have further enhanced their business by expanding into the Post Graduate Nursing Certificate Program bringing students from the Indian & Philippine markets. Building on their expanding market demand in 2019, they achieved $2.1M revenue & $994K +/- EBITDA (47.3% margin), & $2.23M revenue & $1.01M +/-EBITDA (45.35% margin) for 2020. They have demonstrated an above-market track record for revenue. Accordingly, the college is well-positioned to maximize profits & revenue for new ownership & a solid platform for short, medium, & long-term growth. Everything is in place for a buyer to benefit from a premium, turn-key Western Canadian accredited career college in the lucrative Vancouver & Surrey market and a perfect platform for an offshore buyer looking for quick entry in the market and a plug-and-play college. Please note that our client also has another sister school coming on the market & they are available as a stand-alone or combined purchase.
Key Features:
- Leading Western Canadian Career College With Campuses In The Coveted Vancouver & Surrey Locations.
- Highly Profitable with 2019 Revenue of $2.1M & 1M EBITDA (47% margin) & $2.4M revenue & $1.1M EBITDA (45% margin) in 2020.
- Fully Designated (Accredited) Certificate, Diploma, Co-Op, & Post-Graduate Certificate Programs in IT, Business Management, & Nursing.
- Offering Co-Op Programs for international diploma level students.
- Excellent Market Reputation & Consistently Maintaining Clean Regulatory Audits & Rating, resulting in ongoing designation by MOE.
- Includes The Sought-After DLI # to enroll international students in the expanding international student market.
- Local Students Eligible For Financial Aid through StudentAidBC.
- 5,500 ft2 of First-Class, Newly Updated Facilities in the heart of the vibrant Vancouver & Surrey markets, near transit lines, & student accommodations.
- Professional Team Of World-Class Instructors recognized as industry veterans, offering one of Canada’s top faculties.
- Seasoned Management Team to support operations & transition for new ownership.
- Ownership Positioned College To Maximize Profits & enrollment growth with a robust pipeline.
Next Step:
Please contact HEG directly if you would like to know more about this college. Please refer to School No. 3888 in your communications with HEG. You can contact us directly by email or our toll free number at +1.800.687.1492. This turn-key college operation provides a unique opportunity for buyers seeking turn-key operation into the lucrative British Columbia private career college sector in Western Canadian market.
