Language Center for Sale in Riga, Latvia
For sale: Well established school offering 18 language online courses in Riga.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 270 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Language Centers |
| Locations | Riga |
| Local Time | 8:20 AM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
58 thousand
(Native Currency: EUR 50,000)
Reason: - The founder is seeking to focus on new entrepreneurial projects while ensuring the company continu...
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Business Overview
- The company offers language courses in 18 languages to both individual learners and corporate clients.
- Our course portfolio includes high-demand languages such as English and Latvian, as well as niche options like Chinese, Korean, Spanish, French, and German.
- We also collaborate with the NVA (State Employment Agency of Latvia), local schools, and corporate clients for staff training.
- We currently serve 180 individual students and 150 corporate program and state-funded students.
- Our revenue comes from tuition fees for individual and group courses, corporate contracts, and seasonal children’s programs.
- This year, revenue increased compared to the previous year due to growth in online enrollment and corporate clients.
- We operate with a core team of three permanent employees and engage around 100 part-time teachers on an outsourced basis.
- The company is registered as an LLC, holds a VAT license, and is licensed for non-formal education.
- Our course portfolio includes high-demand languages such as English and Latvian, as well as niche options like Chinese, Korean, Spanish, French, and German.
- We also collaborate with the NVA (State Employment Agency of Latvia), local schools, and corporate clients for staff training.
- We currently serve 180 individual students and 150 corporate program and state-funded students.
- Our revenue comes from tuition fees for individual and group courses, corporate contracts, and seasonal children’s programs.
- This year, revenue increased compared to the previous year due to growth in online enrollment and corporate clients.
- We operate with a core team of three permanent employees and engage around 100 part-time teachers on an outsourced basis.
- The company is registered as an LLC, holds a VAT license, and is licensed for non-formal education.
Products & Services Overview
- Corporate training: Used by companies to upskill employees in Latvian and English for workplace integration.- English and rare language courses (18 total, including Chinese, Spanish, French, German, and Korean): Designed for adults, expats, and professionals to improve communication and career opportunities.
- Children’s programs and summer language camps: Designed for parents seeking structured language learning and exam preparation for their children.
- Latvian language courses for naturalization and state exams: For residents preparing for citizenship or integration.
Assets Overview
Intangible assets:- Established brand name with strong local recognition.
- Website, social media channels, and digital marketing assets.
- CRM system, client database, and lead generation channels.
- Proprietary curricula and teaching methodology.
- Long-term agreements with business partners (secured for the next 2+ years)
- Transferable contracts with the State Employment Agency (NVA) and the Society Integration Fund for multiple ongoing projects.
- LLC entity with VAT registration and non-formal education license.
Facilities Overview
At the moment, our school operates entirely online, and we have a small office for staff (35 m2).
Capitalization Overview
- The business is owned by two shareholders with an 80- 20 percent split.- It is fully equity-funded by the owners, with no debts or loans outstanding.
- A new owner will acquire the company on a completely debt-free basis.
Recent Activity
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Earlier than 15 daysProgram Coordinator, Broadcast Media Production, Tiranë, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident, Information Technology, Baku, Individual Investor / Buyer connected with the Business
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