UK: 50% share in English school in London for sale - Central London location
One of the UK's fastest growing English schools has a rare opportunity for you to purchase 50% shares.
The school was established originally to teach English language skills to EU nationals. Beginning in 2012 with two classrooms they grew fast and took extra space during 2013 and continued to expand. The current premises have 12 classrooms and other office and student facilities. The business has also grown to include other international (non EU) citizens in its student base. It was founded on the principles of offering value for money as students tend to shop around for the best prices and deals. This has remained the focus of business and in the time since start-up the company has established a very good reputation for service and quality of teaching.
In 2013 The school acquired British Council Accreditation providing an internationally recognised quality assurance scheme for UK providers of courses in English as a Foreign Language (EFL).
The company provide three main courses
1. Study towards the IELTS Examination (International English Language Testing System) for university applications and those wishing to settle in the UK and also study towards other recognised qualifications such as FCE and CAE. Exams are carried out off-site at official examination centres e.g. University of Westminster.
2. General English at all levels from Beginners to Advanced
3. Conversational English
As the business has grown so has the staffing and infrastructure. The owners have been hands-on since they started but the company now employs an effective second-tier management with two other senior managers, plus a number of support and administration staff. There are some 16 full-time and 4 part-time teaching staff.
There are currently 300-400 students currently studying in their non peak season. Class sizes are reasonably small so as to maximise teaching efficiency and student satisfaction. Typically 10-11 students per class during the off-peak season and up to 16 during the peak season of demand in summer.
Reason for sale is due to ongoing health problems of one of the directors who is also a 50% shareholder. The school has increased their prices by 30% this year and has increased profit margins significantly with the number of bookings increasing year on year. The other 50% shareholder is also a co-director and will remain in place after the sale and is actively employed by the business.
There is no immediate rush to sell, so only serious and genuine offers will be considered. The seller is looking for a reasonably timed transaction and would appreciate if interested parties already have the means in place to complete in a timely manner.
An independent valuation report has been developed and can be provided upon request.
Number of Employees:
Is this business relocatable: Yes