Profitable Education Turnkey Online Business 250k+ Students

Toronto, ON
college education biz
Asking Price:$999,990
Established Year:2020
Cash Flow:$200,000
BUSINESS DESCRIPTION

Motivated Seller - Building new healthcare company

We are an online medical education company with over 250,000 students globally. On any given day 45,000 students use our platform, with some students spending up to 6 hours a day on it. Students love our product, 33% of our business is from referrals. The other 66% is from viral social media posts, reaching over 10M views. These posts are organic, with students sharing the product on their channels. The business can be run from anywhere in the world and is incredibly easy to learn.

Students on our platform range from high school science kids passing school to medical residents staying on top of research. We have proprietary AI that records lectures and patient visits, creates notes, flashcards and quizzes and personalizes studying. It takes 48 seconds to create a study set using our AI.

Untouched, the product has grown 30% MoM since launching in Q4 2023. Our company was started in 2020, as a response to Covid. We have sold multiple education products which are included in our sale. The listing price also includes an engineer who can join full time but doesn't need to. The product can be run without a team, generating even more cash for the owner. We are only selling because we want some money upfront for our next venture. Happy to discuss our strong cashflow and profitability.

There are many ways to 10x our revenue quickly. These include:
- Investing more into marketing
- Fine tuning SEO
- Establishing partnerships with tutors, educational companies, schools, student clubs
- Selling to niche exam students
- Paying influencers to create content
- Tapping into Youtube and Instagram channels for growth
We can show you all of this and even introduce you to automated solutions that can do this for you. It's a dead simple business with a laser focus on solving the most painful parts of studying.


DETAILED INFORMATION
Location
Toronto, ON
Inventory
Included in asking price
Employees
5
Facilities
We are all home-based businesses built on laptops. Our product exists as multiple apps, browser extensions and a website. We work on any device and in any language. We have a robust code repository as well enterprise grade technology.
Competition
Biggest competitors are UWorld and Archer. They don't provide AI note taking, essays or instant personalized quizzes. Our software is useful for everything from high school chemistry up to late stage surgery residency. No other product on the market has that. We are hyper focused on healthcare students, but there is an opportunity to attack the 200M + college students.
Growth & Expansion
1. Market to more students globally, especially in STEM or allied health 2. Partner with publishers, student clubs, schools and employers. Our team is not good at b2b sales. 3. Continuing medical education CME at clinics and hospitals are required for medical professionals - this is up to $10k per doctor
Financing
none
Support & Training
We have extensive digital marketing and SEO knowledge. We an share that with you easily. Our lead engineer is willing to stay on and continue working for you.
Reason for Selling
I am starting another AI company in the healthcare space.
Home-Based
This business is Home-Based

BUSINESS LOCATION
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Ali Jiwani
Ali Jiwani