Asking price: $2,285,000
Reason for sale: Retirement
- Land Area: N/A
- Building Area: 8,632 ft2
- Year of acquisition: 2007
- Established Year: 2007
- Full-time Employees: 26
- Seasonal Employees: 70
- Annual Sales: $3,742,646
- Monthly Payroll: $89,325
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $714,381
- Assets Included in the Sale: inventory, supplies, furniture, equipment, and goodwill
This family business was founded during the 2000s. It’s an international language school, focused primarily on teaching French in immersion. It is located in the downtown area of a community in the eastern part of the province of Quebec, where French is the native language of the inhabitants. Thanks to its location, students benefit from both easy access to the city’s attractions (restaurants, cafes, cultural institutions, etc.) and quick access to public transportation. It is the ideal place for international students to enjoy their French immersion.
In addition to memberships with many organizations such as Languages Canada, the school has many accreditations, some of which are exclusive. This institution offers more than 30 learning programs for adults and teenagers, including the opportunity to take official international exams such as DELF, TEFAQ, TEF, etc.
The courses can be delivered in person or online. The pedagogical team is composed of an expert management staff and a team of qualified teachers.
In addition, the company is also an approved examination center mandated by the Paris Chamber of Commerce and Industry (CCIP) to administer the TEF Canada and the TEFAQ.
Moreover, the school also offers some English upgrading courses.
This company is also known and appreciated by foreign students, as it offers them the alternative of continuing their studies in order to obtain a Diploma of Vocational Studies (DVS) or an Attestation of Collegial Studies (ACS), besides to other services (accomodation, insurance, taking charge of visa/CAQ applications, etc.).
With over fourteen years of experience in the language teaching sector and thanks to its professionalism, the school enjoys a good reputation among all market players (partner companies, students, etc.). It stands out in the region for the variety of programs it offers and for welcoming a large and growing number of international students from around 40 countries.
Many development opportunities could be considered by the future buyer. He would have the possibility of strengthening the English learning programs and why not offer other language courses such as Spanish and even provide other training (technology, communication, etc.). The future owner could also develop new partnerships with Canadian universities whose international students require a language upgrading in order to integrate their study programs.
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