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Leading Language School In Palma De Mallorca For Sale

Palma, Mallorca, Spain
Asking Price:
€595,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€250K - €500K
Net Profit:
€100K - €250K

At Green Point Commerical we are pleased to bring this leading Language School exclusively to the market-based in Palma de Mallorca

This business is perfect for those wanting a passive investment or an entrepreneur who wants to continue building this amazing high-margin and profitable company.

The school itself was established over 10 years ago and is located across a couple of buildings in Central Palma with 10+ staff and an experienced manager who is committed to providing the highest level of English courses

The business uses the latest IT-enabled teaching methods for a wide range of clients which keep them busy 12 months per year and works with children and adults of all ages. There is also a corporate side to the business which works with major companies based here in Mallorca and has access to government funding to teach their staff English

The company is based around a state-of-the-art CRM type platform which handles everything from initial enquiries, and skills-based tests to billing and marketing as we as a very comprehensive front end.

This is one of the best-structured businesses we have seen over the years and is perfect for someone wanting to generate a mainly passive income or who would enjoy taking this business to the next level through continued growth such as franchising the model across Europe

This is a confidential listing so detailed information such as financials will only be provided on completion of an NDA and once the seller's ID can be verified

There is a genuine reason for the sale so if you are looking for a great profitable and turn-key business then do not hesitate to contact us for more details

UK Buyers!!! We can arrange for a business visa which takes 3-4 months but will allow you to move to Spain post-Brexit with no issues.

Green Point Commercial Property S.C. is a fully licensed commercial property broker based in Mallorca and covers opportunities across the whole of Spain.

Our experienced staff, are here, not just to advise on buying a business but can help you with all aspects of purchase and relocation.

With a network of Lawyers, Solicitors, Immigration Specialists, and Accountants we can make the process go through as smoothly and efficiently as possible.

Feel free to get in contact for a confidential discussion about this great opportunity and discuss your specific requirements for your next business acquisition.

Property Information

Real Estate:

Lease

Leasehold Rent:

€42,000 per annum

Location:

Palma de Mallorca

Business Operation

Expansion Potential:

Yes

Employees:
10
Years established:
10+

Other Information

Support & training:

A full handover and training will be provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
€50,000 - included in the asking price
Home based:
This business can be run from home.