BUSINESS DESCRIPTION
The Business for sale is an accredited vocational school, specializing in a training niche that produces highly trained and highly compensated new employees for industry. The school is accredited through the ACCSC (Accrediting Commission of Career Schools and Colleges). The Company receives a substantial portion of its revenues from Student Financial Aid (SFA) received by its students under Title IV programs administered by the U.S. Department of Education. For 2009, the Company received approximately three quarters (73.5 percent) of its revenues from SFA programs.The school has the capacity to train up to 600 students per academic year. Based on statistics compiled by the ACCSC, the school graduated 179 and 177 students respectively, for the academic period June 1, 2008 through May 31, 2009. The operation includes a state-of-the-art campus comprising a student library, classrooms, research room, complex training equipment and facilities.