Super Opportunity in Dakar, Senegal! Small but thriving language school and TOEIC test center for sale.
The company was created in 2008 and is a well respected language institute for professionals. Most of the teaching business is with companies, NGO's and professionals mainly on a one to one basis. We do not offer group lessons to the general public but this could be developed. In addition we have 2 other revenue streams. We are the official agents for ETS Global offering the TOEIC test and the Test de Français International. We also offer translating and interpreting services for conferences.
The business is based in a residential area and is on the ground floor of an impressive villa. It comprises a large reception area, classroom/ test centre for up to 10, separate office, bathrooms, toilet and kitchen area. There is also the possibility of renting one of 2 luxury apartments in the in villa.
The company is fully registered and local taxes paid.
Total sales are over 100,000 Euros but the profit margin is high with pre-tax profits of 55,000 Euros.
Senegal is a safe, stable country with great weather and culture. Great beaches nearby.
It is however still a developing country and a sense of adventure with a degree a realism is required. It is essential to speak reasonable French, have real teaching and business experience .
The price to buy the business is 45,000 euros. The rental for the school is 400 euros per month. Furnished Studio apartment 400 euros or huge 3 bed apartment 500 unfurnished or 700 furnished.
The sale would be done through a notaire in May.
Selling due to retirement in France but I will be returning often and can provide ongoing support.
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