Business For Sale

Business&Career Training Company in Mountain West

Not Disclosed, ID
Ada County

Asking Price: Annual Revenue:
$315,000 $933,000

Services: Education & Training

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RE: Business&Career Training Company in Mountain West Broker: Sheila Spangler

Quick Facts

Asking Price: $315,000
Annual Revenue: $933,000
Net Profit: Not Disclosed
Cash Flow: $160,880
Total Debt: Not Disclosed
FF&E: $8,140
Real Estate: Not Disclosed
Year Established: 2006
Employees: 6
BBN Listing #: 29804955
Broker Reference #: 8302-14098

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Business Overview:

The company is a well-established, non-accredited, technical/trade school providing primarily adult software training located in the Mountain West. Trade/technical schools are on the rise as more young and older Americans realize that getting a college degree is not necessarily the way to financial security. The company is approved to receive federal funds from the: GI bill, Workforce Investment Act, and Trade Act.

The company trains current and future members of the workforce in the latest software technologies including Microsoft Office, Microsoft Technical, Adobe, QuickBooks, Citrix, RedHat Linux, Cisco, VM Ware, Comp TIA and many others. Clients include government, military and private enterprises. The training solutions are delivered online live, on demand, live in the classroom and onsite at the client locations.

The company has the following special licenses or contracts:

· Proprietary School

· Microsoft Learning Partner

· CompTIA Learning Partner

· EC- Council Partner

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Property Features and Assets:

The company is located in a 2,500 square foot office/retail space. The seller believes that the business is relocatable to a smaller, less expensive location should the buyer wish to do that. Company revenues are not dependent upon the current location. The triple net lease of $2,643 per month expires on December 31, 2018. The triple net charges run approximately $900 per month for a total monthly rent expense of $3,543. Assets= $8,140

Market Competition and Expansion:

The company focused on three primary markets: 1. State and Federal government employees, managers, and IT department workers 2. Veterans with GI Bill funding 3. Private businesses employees, managers, and IT department workers The company is one of two training focused organizations in the local area and is the market leader. According to First Research, a leading provider of industry analysis and research, the advancements in education technology are also transforming the industry. Companies are improving their online course offerings with features that make distance learning more accessible and interactive. Businesses are backing technical education as a recruiting tool for unmet hiring needs. Technology and manufacturing companies also offer scholarships, internships, and equipment and managers from some firms serve as guest instructors. Strong corporate involvement can help educational programs meet student job placement goals. Currently, the geographic market is the Mountain West. However, much of the training can be delivered remotely. This is an opportunity for a new owner with a desire to expand and implement additional advertising resources to reach other markets. The company provides training to all types of industries and businesses. · Federal Government · State Government · Military Bases · Companies with 1,000+ employees There is opportunity to extend training outside of current geographic location. Specifically, there is a strong potential to grow an existing training program and expand the online class delivery thus improving market share through better service and results.

Reason for Selling:

The owner is ready for the next adventure.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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