Link copied to clipboard.
0

Leading Tech Education Company Growth Rate For Sale

United States
Education
Company Data
Price
$22.0M
39%
Revenue
$5.6M
Top 10%
Profit
$2.2M
10X
Business Overview
About the Company
The firm is a leading global technology education company, offering coding programs, both online and face-to-face courses on campuses. With an 81% employment rate for graduates within six months post-graduation, the Company is dedicated to teaching in-demand technologies, ensuring a transition from novice to proficient coder, with an emphasis on unlimited career support. Established almost a decade ago, the company is headquartered in the state of Florida. Licensed by the Department of Education in Florida, the firm operates in multiple locations/campuses, and several sites across the World. Its operations efficiently scale across various geographies and tech stacks, with a proven track record of expanding into diverse cultures and regions. The business model that can be utilized to enter the untapped markets. In the period ‘20-’23E, the company’s revenue grew by 81% CAGR (compounded annual growth rate), projected to reach USD 5.6m total revenue in 2023 and EBITDA of $2.2m. In the next couple of years, the Company's management expects the business to outpace the market. The EBITDA margin in the observed period has improved to 34% (’22) with a high conversion of EBITDA to operating and free cash flow. The Company's growth has been achieved through a bootstrapped approach, with minor investment contributions. Team: The Company is run by its serial entrepreneur founders. The company has close to 100 employees/contractors (w2, w8, and w9). The company operates with a headquarters structure. The HQ team includes the CEO, a VP, the head of culture and recruitment, a growth marketing manager, and a finance team. Additionally, the software engineering and SEO teams are also based at the headquarters. At each campus or location, a Country Manager leads the operations, supported by various full-time staff and support functions. Services and Clients: The company specializes in providing Full-Stack Development, as well as Data Science and Machine Learning programs. These programs are accessible both online and in-person, catering to diverse learning preferences. What sets the Company apart from other coding boot camps is its commitment to lifelong 1:1 coding mentorship and maintaining a student-teacher ratio that is higher than average, ensuring a more personalized learning experience for each student. The cost of enrollment varies, depending on the chosen program format and geographical location. Prices typically range from $4.5K to $11K. The course structure is designed to be 85% online and 15% in-person, offering a balanced approach to theory and practical application.
Contact Seller
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Find Profitable Businesses For Sale
Premium listings available exclusively through Openfair. Each represents a strategic opportunity for growth.
;