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Bali Based Hospitality And Business Training School For Sale

Denpasar, Bali
Asking Price:
Under $100K (USD) Furniture / Fixtures included
Sales Revenue:
$32,000 (USD)
Cash Flow:
Not applicable

Newly-founded (2015) local vocational training school with a differentiated high-quality product and an excellent reputation. All courses are run in English and Bahasa Indonesian and are designed using International standards from the UK and Australia.

The school offers a wide range of training courses in Hospitality and Business to the corporate market. Full-time courses include Hospitality, Business Administration, Food and Beverage Service and General Administration. Part-time courses include English Language, English for Business Purposes, English Conversation Coaching, Fire Safety, First Aid, Food Safety, Health and Safety, Supervising Food Safety, Leadership and Management and AAT Certificate in Bookkeeping.

Company, operational and academic licenses (from Department of Education and Department of Manpower) are all in place. The school also has approval from AAT (Association of Accounting Technicians) in the UK to offer bookkeeping and accounting courses.

The school currently trains over 250 students a year, and has an active client list of 225 businesses across Bali.

Low overheads with expected breakeven academic year 3 (2018/19).

A KITAS work permit is available for foreign investors.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

1 year rolling contract. Rent paid annually in advance in October.

Leasehold Rent:

$975 (USD) per annum

Location:

The campus is easily accessible from all of the major population and tourist areas in the southern part of Bali and about 20 minutes from Ngurah Rai International Airport.

Premises Details:

The building is double ruko-style, on 2 floors. The total internal floor space is 430 sq m. The building is leased on a one year rolling contract for Rp. 130,000,000 ++ per year.

The 1st floor comprises of a reception area, a training restaurant, student locker room and storage area. On the 2nd floor, there are 2 fully-equipped classrooms, and a library/IT area. There is a car parking area at the front of the building.

The College is fully wifi enabled and uses Google Apps for Education as its IT infrastructure. Students have 24/7 access to Google Classroom which provides access to teaching resources, assessment materials and online learning activities. Royal London College Bali is the first Google Campus in Indonesia.

IT equipment includes a mix of standard PC desktops and portable Chromebooks for students use. Each member of staff has a Windows laptop.The College operates a BYOD (Bring Your Own Device) policy.

Size in square feet:
4,700
Planning Consent:

IMB allows use of building for training school.

Business Operation

Expansion Potential:

There is a large and expanding market for vocational and professional up-skilling training across Indonesia. Areas for potential expansion include:
- Accreditation by LSUP to deliver compulsory training required as part of hotel rating system
- Formal English Language courses
- Other part-time courses (AAT, Intensive Housekeeping etc)
- Model transferable and franchisable.

Competition / Market:

Vocational training: In the fields of hotel and cruise ship training there are 3 main large private training providers.
Corporate training: there are currently no other training schools on Bali offering the range of corporate and professional courses that the College are providing. The primary competition tends to come from freelance trainers who work with individual hotels and other businesses.
English Language: there are 2 main large private English Language schools on the island offering a range of formal and informal English Language courses.

Reasons for selling:

Owners have to return to the UK in October 2017 due to family circumstances.

Trading hours:

Monday to Friday 0830 - 1730

Employees:
6
Years established:
Company registered 2014; Academic licenses granted 2015: First courses offered April 2015; First full-time Diploma courses started August 2016.

Other Information

Support & training:

Owners will provide a full hand-over and training on the Indonesian education system for buyers.

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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