Premier Software Engineering Technical School with a Focus on R&D

Newark, NJ

Seller Financing Available

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Asking Price:$399,000
Gross Revenue:$816,443
Cash Flow:$561,024
BUSINESS DESCRIPTION

Explore the opportunity to own a cutting-edge software engineering technical school, now steering towards an innovative focus in Research & Development and Artificial Intelligence. This well-established institution has transitioned to fully online classes, making it a versatile business that can be operated from virtually anywhere.

Business Highlights:

Specialization in High-Level Software Engineering: Originally focused on software engineering, the school has shifted its emphasis to AI and programming to align with current and future market demands.
State and In-House Financing: A robust financial model with 75% of students on in-house financing plans, ensuring consistent cash flow.
Accreditation Candidate: The school is a candidate for accreditation by the Middle States Association, poised to elevate its prestige and attract additional funding.
Global Online Reach: With all classes conducted online, the school boasts a global student base, providing flexibility in operation and scalability.
Ideal Buyer: This business is perfect for someone with a background in IT, particularly those with interests in cybersecurity or AI. A full-time operator who can drive the school’s new R&D initiatives would find this opportunity particularly rewarding.

Investment Considerations:

The school offers a unique blend of educational excellence and innovation, preparing students for high-demand tech careers.

The shift towards AI and programming opens numerous avenues for growth and expansion.

Accreditation candidacy enhances the potential for federal funding and increases institutional credibility.

Take the first step towards owning a forward-thinking educational enterprise in the booming tech industry. This is an ideal platform for an ambitious buyer looking to make a significant impact in the tech education sector.


DETAILED INFORMATION
Location
Newark, NJ
Inventory
Not Included in asking price
Employees
8
Facilities
Seller is active with 8 FT and 0 PT employees. Hours of operation are 9am – 5pm, Monday – Friday.
Financing
$200,000 down and balance paid over 36 months 8%.
Support & Training
14 days
Reason for Selling
Retirement
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Trent
Lee
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Trent Lee