Language School for sale, Costa Rica

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Language School for sale, Costa Rica

Post  Sch4Sale on Sun Mar 16, 2008 4:24 pm

The Victory Institute, an English-teaching (ESL) school in downtown Heredia, Costa Rica, is for sale. The school has been in business for 8 years and has a reputation for excellence. The 3rd Fl. building space is approximately 100 sq.mtrs.(1050 sq. ft) with 5 rooms, an alcove kitchen and bathroom. It leases for $5,000 per year and there is an option for a long lease of 5-10 years. It faces a small park with trees and colorful birds.

Equipment included in the sale: 30 student desks, 2 teachers desks, the reception desk, and 4 tables with chairs, 2 benches, computer, file cabinet, DVD/VHS players and television, microwave, refrigerator, fax and phone. Also texts for various age levels, corresponding tapes, CDs and DVDs, many additional teachers' materials, and a bookcase with books and games.

Victory Institute provides instruction to approximately 100 students and presently employs 4 to 6 teachers part-time, and one full-time secretary. Teachers' salaries are $4-5 per hour: secretaries receive a little less. Classes usually run from Feb.1 through June 30, and Aug. 1 through mid-Dec. and are presently held Mon.-Sat.

Gross annual income is about $36, 000, and net income (after rent, salaries, and taxes) is approximately $1,800 monthly or $21, 600 per year. (A five year financial statement is available upon request.) The asking price is $30,000. Victory Institute's owner is selling to finance a new school in Liberia, CR.

For further information see .editionsfineart.com/victoryinstitute.html or contact Catherine Williamson: c2fly@yahoo.com

Sch4Sale
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