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Alternative education provider in Northeast England with established placements available for sale

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £1,900,000 (£36,538 per week)
  • Profit: Not Applicable

Business Details

LEADING PROVIDER OF ALTERNATIVE EDUCATION PLACEMENTS

OPERATING ACROSS NORTH EAST ENGLAND
YE25 turnover of £1,900,000, with an adjusted EBITDA of £720,000. 
Specialises in alternative educational provisions tailored to support pupils who have struggled in mainstream schools.
Approved supplier for six local authorities. 
Has provided 118 five-day placements at £15,500 per placement in the last financial year. 
Also operates a transport provision, which generated £57,600 additional income. 
Dedicated team of teachers, learning mentors, practitioners, administrators, and advisors in place. 
Operates from a head office and four educational centres, one of which is owned by the shareholders’ SIPP and leased to the company. The remaining properties are leased from a private landlord. 
Offered for sale to realise the assured value of the existing business, while facilitating further growth under the impetus of new ownership. 
Offers invited. 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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