English Language School for sale in the Canary Islands. Net profit 25%. Asking €110,000.
We wish to sell our successful and highly regarded school sited in a central location in the island capital. Established for 25 years the school takes children from 4 years old to adults, with the majority in the 8 – 11 age group. There are around 150 students attending during the year. We prepare students for Cambridge examinations. The modern and well equipped premises comprise 4 classrooms, a reception area including library, toilet and store room. The leasehold property totals 110 square meters.
There is potential is to expand student numbers as one classroom is underutilised, also by running daytime courses for adults and local businesses, by opening mornings and Saturdays, and by teaching other languages. There is potential to develop a programme of summer camps and study trips.
The owners wish to retire but would be available for an extended hand-over period.
This is an excellent opportunity for a younger person with energy to move this business forward.