Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Fully Accredited Training Company Specialising In Plant & Equipment, Machinery, Health & Saf
LISTING DETAILS
Firms For Sale ID:
33660
Vendor reference:
CC170
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£350,000
Turnover / revenue:
£325,000
Net profit / cashflow:
£120,000
Years established:
10
Trading hours:
Monday to Friday: Normal office hours with occasional training on Saturdays.
Number of employees:
4
Employees / staffing:
The vendor works full time in the business and tends to operate on a strategic basis. The business also employs an office manager as well as 2 full time trainers and one part time trainer. The business is NOT dependent on the owner.
The business also has a national pool of further sub-contract trainers, whom it has worked with over many years that it utilises as and when required.
OTHER DETAILS
Reason for selling:
The vendor believes he has taken the business to a point where it now needs a new injection of business acumen and energy to take it through its next period of growth to maximise the many opportunities at its disposal.
Support and training:
The owner would be happy to provide full training and support as required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Fully Accredited Training Company Specialising in Plant & Equipment, Machinery, Health & Safety B2B National Customer Base
Ref.CC170
Location Merseyside
Asking Price GBP 350,000
This highly reputable and forward thinking business has been providing a range of relevant, in-demand, very high quality training programs for well over a decade and in that time the business has built a sterling reputation backed up with a comprehensive list of accreditations that ensures ongoing prosperity.
The company has a wealth of knowledge and expertise. It specialises in Logistics, Warehousing, Machinery, Renewable Energy and Sources and Construction which enables employers and their employees to gain the relevant accreditations and certifications to ensure compliance with legislation and to ensure correct working practices(including health and safety) are adhered to when carrying out their duties.
The company has its own internal classrooms and practical training and test areas which have been developed over time to provide effective training. The company also owns a good level of its own modern plant and equipment for practical use.
In addition to these services the business has developed its own unique online database. This allows remote access log in for its customers from their place of work and enables them to review their own employee training records and also see when renewals are due as well as booking additional training requirements for their staff. The vendor has spent a great deal of time and money investing in this account management tool and this is now bearing fruit with very high levels of repeat business and above average customer retention levels being achieved.
Expansion Potential
The market for training is vast and getting bigger due to ongoing legislation and health and safety provision. Private businesses, the public sector and the EU for that matter are fully committed to providing training to all levels of employee. This business is ideally positioned to benefit from this as it has a very broad ranging customer base not to mention a successful track record and enviable reputation. A new owner with some new energy, initiatives and a more proactive marketing approach could easily expand upon current revenues.
Market / Competition / Non-Competition Agreements
The business does very little in the way of traditional advertising preferring to rely on word of mouth recommendations, repeat business and referrals to generate business. It enjoys a lot of exposure through it various accreditations and associations with awarding bodies. The company also has a suite of very informative websites with excellent domain names that enjoy a good level of enquiries. As part of this the business is currently working with an external web designer to put in place an online booking system, which will only increase training numbers as will further utilisation of Google Ad-words etc.