DEAL: High-margin online continuing education and test prep business
April 28, 2019
by a searcher from Harvard University - Harvard Business School in San Francisco, CA, USA
- Online continuing education and test prep business for opticians
- Will do ~$700K revenue and $500K EBIT this year
- 50% of revenue from 2 large customers: Wal-Mart and Costco (remainder from direct-to-optician online sales)
- Loyal customer base and ~25% market share
- Well known brand in optical industry operating since 1990s
- Barriers to entry from state and national licenses
- Runs with 1 full time employee and handful of contractors
- Currently based in Irvine but could be operated anywhere in U.S.
- Lots of low-hanging fruit to grow and improve business
- Ideal for a self-funded searcher with SBA financing
location: Irvine, CA, USA
industry: Business Services
sba eligibility: yes
revenue: $700,000
ebitda: $500,000
price: $2,200,000
owner financing: $440,000
debt: $1,760,000
equity: $440,000
Please message me directly for more information.
in New York, NY, USA
from Queen's University in New York, NY, USA