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Private Higher Institute For Sale

Eastrand, Gauteng, South Africa
Asking Price:
R4,750,000
Sales Revenue:
R1,400,000
Cash Flow:
R1,090,000

A well- established Private Higher Education Institution,, fully registered in terms of the Act, is situated in an upmarket suburb within walking distance of the two popular shopping malls with easy access to two major freeways. The Institution and its qualifications are accredited by the Department of Higher Education, Council of Higher Education, and the South African Qualifications Authority.

For over 35 years the owner taught many subjects to thousands of students and worked at the college offering tuition support to tertiary students studying towards Marketing and Business Management qualifications offered by other institutions.

The value of the business is attributed to, among other factors, the process leading to the accreditation from government bodies (as above) and industry compliance to offer tertiary level degree as well as the excellent growth prospects in profits and revenue, with profit margins in excess of 50% of revenues, and average annual profits forecast to R1,25 million in the immediate future..

The Institution specializes in offering unique and differentiated qualifications aimed at equipping students with skills highly sought after by the world of business. The business has a large amount of Intellectual property (IP) in terms of learning programmes, teaching resources, course materials, etc.

The business has 3 full time, highly qualified and dynamic teaching and administrative staff compliment. When required, the business makes use of part time lectures to supplement the tuition support offered by the core teachers and trainers, who have vast experience.

There is strong demand for Tertiary Higher Education Institutions that offer high quality tuition support and personal attention to students.. This Institution specialises in the development of students to acquire the skills and tools businesses need to flourish and grow in the current environment. To achieve this, the Institution assists students to cope and excel in analytical subjects and creativity in Marketing Management planning .

The Institution has a library, access to computers, free unlimited Wi-Fi, shop and catering facilities, plenty of secure parking and other facilities including beautiful gardens.

The business operates on a 1685 square metres property which has upgraded security systems, borehole water, and minimal municipal costs. The current business owner also owns the property for which the business pays a market-related rental, which is an additional income for the owner. The asking price for the business is R4 750 000 excluding the property valued at R7 500 000 which can be purchased together at a total selling price of R12 250 000.

Property Information

Real Estate:

Lease

Location:

This institute is based in an upmarket in East Rand.

Premises Details:

The property has plenty of secure parking and other facilities including beautiful gardens and it has a borehole.

Size in square feet:
1,685

Business Operation

Reasons for selling:

The seller is planning to retire and take care of his health

Trading hours:

8h00 to 16h30

Employees:
3 employees
Years established:
2020

Other Information

Furniture / Fixtures value:
R488,745

Contact Renwick Business

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