We are an established, debt-free Michigan healthcare education school offering practical nursing and allied health programs. The school features a flexible hybrid learning model, proprietary curriculum, an established learning management system, and approximately $80,000 in equipment. With approximately $300,000 in signed student contracts and staff expected to remain, the business offers an operating foundation for a new owner. The current owner is available to provide consulting support during the transition.
- Asking Price:
- $650,000 Furniture / Fixtures included
- Sales Revenue:
- $500K - $1M
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 year lease signed in 2025. Ends December 31 2028 and can be renewed.
- Leasehold Rent:
-
$26,400 per annum
- Location:
-
Online and in Professional Business Area on NW side of Grand Rapids, MI
- Premises Details:
-
Beautiful location and building that is approximately 25 years old and very well maintained.
- Size in square feet:
- 2,400
- Planning Consent:
-
N/A
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Extensive expansion potential
- Competition / Market:
-
Limited competition
- Reasons for selling:
-
Retirement and personal
- Trading hours:
-
Mon-Fri 8-1 business hours. Class hours Mon-Fri 8-8
- Employees:
- 5
- Years established:
- 2020
Other Information
- Support & training:
-
$25,000 training fee for owner to stay on for one month for transition to assist in full and easy transition.
- Financing available:
-
No financing available. Cash sale only. School is debt free.
- Furniture / Fixtures value:
- $80,000 - included in the asking price
- Relocatable:
- This business can be relocated
