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College of Chinese Medicine is a nationally accredited college of Chinese Medicine and Acupuncture licensed by the University of Board of Governors to confer Masters and Doctoral degrees. With more than ten years of a track record of growth and financial stability, the College is a highly profitable S-Corporation. This turn-key opportunity allows a buyer to take over a thriving high potential medical educational business with a credentialed faculty and experienced staff. Revenues are generated primarily from tuition and now exceed $2.3 million per year. Profits have increased in 14 of the past 15 years, averaging an EBITDA of US$ 543,988 over the past three years. Not included in these figures is US$ 250,000 a year in owner/operator income. The College can financially support a new owner quite comfortably. Total Revenue Year End $2,894,616 Taxes Net Income Year End $814,348 Cash Flow add in Onwers Salary $250,000 = $1.065,348 We sell only schools for the last 25 years and we are excited to offer this school. Call Dennis Mope at 407-865-4385 Location: Los Angeles County, California Real Estate: Owned Building Sq. Ft.: 11,452 Facilities: 11452 SF 3-Building on Property
Listed: Apr 18, 2022
Updated: 4 days ago
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