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Listing ID: 545593

Profitable English Language School For Sale

Lisbon, Portugal

€ 149,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: € 100k to 250k

Cash Flow: € 100k to 250k

Business Description

Sales have doubled in the last 5 years and profit has increased by 100% in the last year as language teaching is experiencing a huge growth in demand as the economy continues its steady recovery and parents realize the importance of their children having excellent English in order to compete in the job market.
This business will suit you if you have a passion for customer service and/or teaching and want a profitable, turnkey operation with 250 existing clients in a beautiful part of Portugal. The area is booming with new people moving here all the time.

The school is registered with the Ministry of Education and complies with all legal requirements, including disabled access, and clients do not have to pay VAT on their course fees as a result, making course fees affordable. The school has partnerships with the British Council and Cambridge, and is an authorized exam preparation school.

The business was started in the depths of the financial crisis and has blossomed, while two local long standing competitors closed down during the same period. Every year the company grows stronger and income increases. Consumer confidence has now returned in Portugal and signs of the recovery are now very visible. The school currently has a lucrative business contract with the local government to teach their staff.

It is purpose built with a loyal client base and a large email data base, including all past students and contacts. It has an excellent local reputation in a beautiful part of Portugal and would suit a buyer with a customer service or teaching background.

The company Smart Car is included in the sale.

The working hours of the business are very flexible as you can choose when to teach and whether to employ teachers.
Full handover given and the owners can stay on.

Kindly Contact us for more details.

Property Details

Size:

165 M2.

Years Established:

10 Years.

Property Type:

Lease

FF&E:

€ 75,000

Inventory Value:

€ 100,000

Other Details

Business Location:

In a beautiful, affluent and growing area that is very safe. A Double fronted shop, with 3 large classroom and a role-play studio fully prepared for real life situations, including a supermarket, restaurant, café, post office, home life, vets and a hospital.

Premise Details:

Lease.

Competition:

The only registered language school within a very large county and a 40km radius.

Expansion Potential:

Huge potential and branded to franchise in the future to fellow ex-pats looking for a better quality of life abroad and who want their own business. The local area and eccomomy is currently booming.

Planning Consent:

Fully legal and a registered language school with the Ministry of Education. IVA free business.

Operation Details

Employees:

Currently two full-time teachers (the owners) one part-time teacher. One full-time admin/receptionist, one part-time cleaner. Currently planning to hire another teacher.

Trading Hours:

Very flexible, currently open 5.5 days per week and owner working hours depends on the number of teachers employed by the owners. The current owners take 8 weeks holiday per year and enjoy plenty of time with their family.

Support & Training:

Full handover given.

Miscellaneous

Reason For Selling:

The owners enjoy a very good lifestyle from the business and describe it is an absoloute joy to work and teach at the school in this area. However, the owner, wants to change career and enter product development and develop teaching aids for teachers.

Contact this seller

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