ID: 21975

26.08.20

Business for sale: sell a business and buy a business in Ukraine

Operating education abroad business with a local language school

A profitable education abroad business with a school for the study of foreign languages in Kharkiv is offered for sale

Location:

Kharkiv, Kharkiv Oblast, Ukraine

  • Sector: Education
  • Business activity:
  • Price: $370 000
  • Share: 100%
  • Number of employees: 10
  • Payback period (years): 1.5

The company has existed since 2007 and is a reliable partner for schoolchildren, students and graduates, as well as their parents – everyone who wants to continue their education in the language schools of Malta, the USA, Canada and Great Britain, universities in the UK, Canada, America, Switzerland, Czech Republic , France and other countries.

The school selects programs for students abroad throughout Ukraine exclusively individually, depending on the direction wishes, the level of the educational institution, the desired living conditions and material resources.

Since the approach to teaching consists of a complex of the academic (understanding and memorizing the necessary material) and the communicative method (activation through "live" communication), the Company qualitatively prepares its students for future foreign educational programs.

School products:

  1. Children's education:
  • Group lessons for children
  • Children's educational camp (Kharkiv)
  • Foreign children's camps
  1. For adults:
  • Group language courses
  • Individual lessons
  1. Educational programs abroad:
  • Preparatory language courses
  • Student Cultural Exchange Programs in the USA
  1. For students:
  • Preparatory language courses
  • Higher education abroad
  • Secondary education abroad

The client receives a quick decision on the choice of an educational institution and program, undergoes appropriate training and preparation courses, receives the entire package of documents and understands well how much money will need to take.

The company employs 10 people, 3 departments on different directions.

All customer data is kept in CRM system, maximum integration into society in the city, good name. An education abroad exposition is held every year (with the involvement of foreign partners).

  • Net income for 2018: $ 123,495
  • Net income for 2019: $ 49,560
  • Net income for 2020 (forecast): $ 125,915
  • Net income for 2021 (forecast): $ 364,550 (Most of the contracts were carried over from 2020 to 2021, due to SarsCov - 2 (Covid))
  • Net income for 2022 (forecast): $ 204,909
  • Net income for 2023 (forecast): $ 246,425

The company has a well-established operational process, from the selection of a program and the choice of an educational institution, to language and consulting preparation for departure. Ultimately, the client receives a quick decision on the choice of an educational institution and program, undergoes appropriate training and preparation courses, receives the entire package of documents and understands well how much money will need to take.

Over the past 3 years, the company has tested (including the corresponding financial costs) completely different marketing tools and models, establishing the staff, increasing and optimizing it. Today, it has already formed key management standards, staffing and strategic marketing (as significant goodwill).

The concept of customer development is one of the key values ​​for the buyer (investor), since today, thanks to our own school of English, the annual magazine publishing that is distributed free of charge in schools, the annual educational exposition, a significant part of the customers is raised. So the company is provided with growth potential in the next 5-7 years.

The brand itself is a large recommendation network, among customers who have already attended educational programs and tours, including video reviews and successfully promoted social networks.

The part of the company's income (income) is raised from advertising deductions from foreign educational institutions, the sale of its own printed materials to students and pupils. The company also, at the expense of partners (educational institutions abroad), sends its employees on free study tours.

As a part of the preparation of the transaction, financial consolidation of both companies was carried out (the School for the Study of Foreign Languages ​​and the operator of foreign education), and in the last 6 months the corresponding employee was trained for the position of Managing Director, who is currently actively involved in operational activities.

Location

Contacts

Роман Кантаровский

[email protected] +38 066 322 61 44

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