Spain: Profitable school for sale in Madrid surroundings
Excellent opportunity for anyone looking to live and work part-time earning a full-time wage in an environment with an amazing work-life balance.
School for sale in a medium-size town 10Km away from Alcalá de Henares and 25Km away from Madrid city. Founded 15 years ago, today it is the school of English with the best reputation in the town. Modern and well equipped with digital boards. The school is an authorised Cambridge Preparation Centre and has a very loyal customer base, with between 100 and 130 students per year.
Our students are between 3 years old and 18 years old. We teach through an innovative methodology in partnership with National Geographic Learning. We also partner with kindergartens in order to teach classes there, which is an additional source of revenues.
The school currently runs as a profitable business with two teachers part time plus another teacher working part time teaching and managing the administrative tasks. Our classes schedule is from Mondays to Thursdays from 4pm to 8pm. Potential to expand running in-company training which has a huge opportunity if you are a native English speaker, since the location is surrounded by industries and middle size companies with high demand of English classes.
For the past 4 years we have been hosting a Summer Camp 150Km away from Madrid, which is also a very profitable part of our business.
The school has a well designed website which is also included, plus email marketing and digital marketing tools which are used on a daily basis. The owners can also provide introductions to English speaking lawyers and accountants that would help to run the business.
The business would suit a couple. Help with relocation can be offered and also the option to rent an apartment at a cost of 600€/month. A car could be included in the selling package.
Turnover during the last years was around €110K, with 20% profit after salaries and taxes.
Asking €55K, but reasonable offers will be considered. The price includes all fixture and a vast collection of resources. Owners wish to retire, but would be available for extended support until December if required.