Leading Tech Education Company: 81% Growth Rate
Not Disclosed, FL Not Disclosed
Request More Information Contact the Seller
- RE: Leading Tech Education Company: 81% Growth Rate
- Contact: Ashish Bhatt
Quick Facts
| Asking Price: | $22,000,000 | |
| Annual Revenue: | $5,585,123 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,166,123 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 935333 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The firm, a global technology education company, offers coding programs online and on campuses, boasting an 81% employment rate for graduates within six months. Established in Florida almost a decade ago, it operates globally, licensed by the Department of Education. Revenue grew by 81% CAGR from '20-'23E, projected at USD 5.6m total revenue in 2023 and EBITDA of $2.2m. The company focuses on Full-Stack Development, Data Science, and Machine Learning programs with a unique commitment to lifelong 1:1 coding mentorship.
With a team led by serial entrepreneur founders and close to 100 employees, the HQ manages operations, while each campus has a Country Manager. Course prices range from $4,500 to $11,000, designed for 85% online and 15% in-person learning. Owners are committed to a seamless transition and offer post-acquisition support.
Selling due to reaching a pivotal stage, the company is positioned among the top coding academies globally, capitalizing on the growing coding bootcamp market projected to reach $4.7B by 2028. In the U.S., the sector has tripled in graduates since 2013, with strong post-graduation employment prospects, making it an attractive investment for further growth.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
The Company is among the leading coding academies in the world. The market is very fragmented with over 100 companies present in the market. According to the Management, many of the boot camps will face critical challenges and will need to scale down, be acquired, or increase investments in various opportunities to stay relevant and continue the growth path.
Coding boot camps are intensive, accelerated learning programs focused on imparting digital skills in areas like Web Development, Data Science, and UX/UI Design. These programs, which typically last around 14 weeks, enable graduates to build portfolios, develop essential skills, and benefit from job placement support. The global coding bootcamp market is anticipated to grow at a CAGR of +17.2%, reaching $4.7B by 2028.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
