Language Schools for sale in Central London

View the "50% shares for sale in one of the fastest growing English Schools - Central London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: Offers Invited Annual Turnover: £1,200,000 Annual Net Profit: £300,000
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Business Description
One of the UK's fastest growing English schools has a rare opportunity for you to purchase 50% shares.

The school was established originally to teach English language skills to EU nationals. Beginning in 2012 with two classrooms they grew fast and took extra space during 2013 and continued to expand. The current premises have 12 classrooms and other office and student facilities. The business has also grown to include other international (non EU) citizens in its student base. It was founded on the
principles of offering value for money as students tend to shop around for the best prices and deals. This has remained the focus of business and in the time since start-up the company has established a very good reputation for service and quality of teaching.

In 2013 The school acquired British Council Accreditation providing an internationally recognised quality assurance scheme for UK providers of courses in English as a Foreign Language (EFL).
The company provide three main courses

1. Study towards the IELTS Examination (International English Language
Testing System) for university applications and those wishing to settle
in the UK (see www.ielst.org.uk) and also study towards other recognised
qualifications such as FCE and CAE. Exams are carried out off-site at
official examination centres e.g. University of Westminster.

2. General English at all levels from Beginners to Advanced

3. Conversational English

As the business has grown so has the staffing and infrastructure. The owners have been hands-on since they started but the company now employs an effective leadership team with two other senior managers, plus a number of support and administration staff. There are some 16 full-time and 4 part-time teaching staff.

There are around 300-400 students studying in the non peak season, rising to as many as 600 in the spring and summer. Class sizes are reasonably small so as to maximise teaching efficiency and student satisfaction. Typically 10-11 students per class during the off-peak season and up to 16 during the peak season.

Reason for sale is due to ongoing health problems of one of the directors who is also a 50% shareholder. The school has raised prices by 30% this year and has increased profit margins significantly with the number of bookings increasing year on year. The other 50% shareholder is also a co-director and will remain in place after the sale and is actively employed by the business.

There is no immediate rush to sell, so only serious and genuine offers will be considered. The seller is looking for a reasonably timed transaction and would appreciate if interested parties already have the means in place to complete in a timely manner.

An independent valuation report has been developed and can be provided upon request.

Please enquire, or complete and return the NDA for more details.
Number of Employees: 10-30

Tenure: Leasehold

Is this business relocatable: Yes

Downloadable Documents

Find out more about this business opportunity.

 
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PAX01290194262
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