Successful English Academy For Sale in Northern Spain
English Language School in Pamplona, Navarre Province.
Due to focusing on other projects, mainly our increasing family and sustainable farming project, we have decided to sell our private language school.
The 3 Kings English Academy has been running fo over 10 years. Based in city centre on the main square and close to many primary and secondary schools. It is in a very prestigious location.
The average number of pupils over the last five years is over 250 per academic year. The pupils receive preparation for the exams of the University of Cambridge, conversation classes, private classes. We also teach in companies. We have a team of 12 native English teachers, working a range of timetables. There are 3 large classrooms, 2 smaller classrooms, a staffroom and storeroom.
The classrooms are equipped with all the necessary material for giving classes, including tables, chairs, whiteboards, posters, bookcases etc. There are also complete sets of textbooks for students.
Classes start in October and finish in June. We run intensive classes during three months in the summer and throughout the year.
This year we have started doing children’s classes at the 3 Kings. We have several classes running with great numbers. Some classes with over 10 students. We also offer classes for parents and children. This is definitely an area that can be developed in future years.
We have a fantastic reputation, having operated for many years. We have a significant social media presence, with a large fb group worldwide (62,000 members) and a fb page mainly from Spain and predominately from Navarra (12000 followers). We use this to drive our SEO (Search Engine Optimization) and to keep our advertising costs down. That as well as strong word of mouth and % for clients and their friends and family.
The business is being sold for 140,000€. This includes the furnishings, books and other materials, the pupils and contact lists. I will be available to help you at the beginning and I would like to continue offering some intensive courses and company contracts.
The monthly rent is 900€. Based on our current cashflows and previous years, you would be expected to recoup this initial investment easily within 4 years.
I have enjoyed the experience of running the school immensely. We have a great team, who will continue under new management.
As I am an outdoor instructor and my partner a yoga teacher, we would now like to focus on our vocations. Our academy has allowed us financially to reach this position.
Please feel free to get in touch with me to ask for any more information. Cashflows can be provided.
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