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- RE: Online Continuing Education Provider For Sale
- Contact: Russell Cohen
- License #: SL679527
Quick Facts
Asking Price: | $570,000 | |
Annual Revenue: | $150,678 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $113,303 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | Not Disclosed | |
BBN Listing #: | 948063 | |
Broker Reference #: | 1287-18201 |
Business Overview:
Reason for Sale: No more ownership responsibility- This online learning organization is an approved Continuing Education (CE) (# 50-17105) provider with 12 board approvals in the following states: Florida, Georgia, New Mexico, Arizona, Arkansas, and District of Colombia.The seller has prepared state-compliant online content for nursing and pharmacy. In nursing, state compliance is available for (Registered Nurses (RN), APRN (Advance Practice Registered Nurses, Certified Nursing Assistants, Licensed Practical Nurses, Registered Nurses, and Autonomous Advanced Practice Registered Nurses). For pharmacy professionals, state compliance is available for Pharmacists, Pharmacy Technicians, and Consultant Pharmacists. The owner is an expert course designer with a master’s degree in education with an emphasis on instructional design for online learning, but not a marketing specialist.
Revenue generation:
- Buyer(s) can sell individual courses, bulk courses, offer subscription service, and package courses by required continuing education units (CEUs) (for example, 24 credits/units can make a nurse meet all the state requirements).
- Courses can be sold to healthcare organizations seeking approved continuing education credits. Â
- Buyer(s) can provide instructional design services on a contract basis to other healthcare organizations.The reported business revenue is mainly for instructional design services/content development services rendered to healthcare and non-healthcare organizations. CE program is a new business product that has no marketing efforts. Products ready for market. The courses are Moodle-based. Learning objects are transferable to other Moodle platforms—an opportunity for course conversions, such as Moodle to Captivate or Moodle to Storyline (price negotiable).
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Market Competition and Expansion:
Seller is expert course designer but not a marketing specialist. 180 courses built & ready to market to healthcare professionals. Buyer can sell in bulk to healthcare organizations, colleges, and universities.
Reason for Selling:
No Longer Wants to OwnAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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