Commercial Property For Sale. Medical Vocational School

Distress Sale Means Major Opportunity to the Astute Vocational School Buyer21;21;21;Thirteen-year-old rapidly growing vocational school with 40 students and all of the right medical assistance programs has it all. National Accreditation from COE and DOE Title 4 grants. DOE is still funding a significant portion of the initial 35 students that have Pell Grants and Federal Loans (approximately 24;150,000 is still owed). Plus approximately 24;300,000 in accounts receivables is included that the previous non-grant students are paying. Alas, a technical snag regarding a previous school director92;s involvement in a different school has caused the DOE to suspend grants and loans for this school. The owner and the current director are dismayed and puzzled as to why this reflects on their school since the previous director is no longer employed and was never an owner. Meanwhile, they are in the process of appealing the action. The appeal has a very high likelihood of success but the process will take some time as any veteran of vocational schools and DOE can appreciate. Meanwhile, the owner had already decided to sell and had just listed the school when they were notified (August 2006) of the action that was taken by the DOE. The owner is overwhelmed and worn out and does not want to wait for a successful appeal to be completed even though she is sure to be vindicated. She just wants to sell and is willing to sacrifice (the price was going to be 24;1,500,000)21; Hence, this is an outstanding opportunity for the Astute Buyer21;21;21; Sonography, Certified Nurse92;s Assistant, EASL, Medical Assistant, Medical Secretary programs attract students from all over the world. Strategically located in the center of immigrant neighborhoods, the campus is located close to three freeways as well as public transportation. All classes are taught in English (EASL program is available). The school has a morning and an evening session leaving an afternoon session available for significant expansion. The business of education is one of the most rewarding and admired professions available. Act fast and make this school yours.For further information, please contact Roger Civalleri at 310-539-8300.