Teaching ESL

selling an English School
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Author:  bennyhanda [ Fri Oct 23, 2015 10:54 am ]
Post subject:  selling an English School

Anyone know the best way to put a busy English School in Japan up for sale?

Author:  mesmark [ Sat Oct 24, 2015 12:37 am ]
Post subject:  Re: selling an English School

I would think you're best bet would be to contact other nearby schools. In the past I've heard of people buying students at 2-3x the monthly fee. They would pay that for every student who agreed to switch schools.

If you are selling the school completely as is for take over, I'd again contact nearby schools or local foreigners. You may be able to sell the school for more (4-6 months profit) if there are people willing to take over.

You may be able to profit longer if you could find a Japanese business partner who is willing to manage the business for you. Maybe something like 70:30 for 10 years and then 80:20 thereafter with the option to buy you out after 10 years at 12 months profit. That would be 3 years profit over 10 years plus a buy out at the end or continued revenue.

Of course, you'd be subject to the Japanese owner's business skills and sense. They could drive it into the ground and you'd be left with zero after 5 years.

Author:  bennyhanda [ Tue Oct 27, 2015 5:16 pm ]
Post subject:  Re: selling an English School

Thank you for your advice. I have some personal things to take care of so I can't continue to teach students from 3-70 and run the school. I also don't want to just walk away from 7 years of hard work. Thanks again.

Author:  taka-sho [ Thu Nov 05, 2015 8:49 am ]
Post subject:  Re: selling an English School

where is your school located, i know someone who who be interested - a canadian who already has a small school who is looking to expend.

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