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- RE: Accredited HR & Employment Education Events
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $690,000 | |
| Annual Revenue: | $325,620 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $165,514 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 1 | |
| BBN Listing #: | 1006609 | |
| Broker Reference #: | OFF031-B |
Business Overview:
The Company delivers multi-disciplinary, semi-annual continuing education events which cover employment law, human resources, benefits, training, and workforce compliance, offering attendees access to multiple nationally recognized continuing education accreditations. Small to medium sized businesses send their internal HR & Payroll Professionals, Employment & Labor Attorneys, Public-Sector Administrators, and non-profit HR divisions, many of which lack dedicated in-house HR or legal resources and rely on these forums to remain compliant with evolving employment regulations. Operations are supported by a General Manager/Administrative Assistant who spends roughly 5-7 hours a week on the business with additional 1099 consultants as needed for content creation and marketing. The owner oversees strategic planning and spends roughly 3 hours a week in the operation focused on event planning, speaker coordination, and sponsor relationships rather than daily operations. After more than 20 years of successful operations, the seller has decided to plan for their retirement and has offered a transition period for 1 year post close. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post close. Last year, the business generated over $160,000 in cash flow with a strong profit margin of 46%. With a purchase price of $690,000, this business is poised and ready for a new owner to step in and continue the operations. Multiple growth opportunities have been identified, including geographic expansion, deeper partnerships with associations and sponsors, increased monetization of an established marketing database, and more aggressive outbound marketing efforts. The Company benefits from limited direct competition offering comparable multi-disciplinary accreditation under a single platform.
Contact the Seller:
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Market Competition and Expansion:
Growth Opportunities: Geographical expansion, virtual seminars, ad-space for sponsors, and continued marketing efforts.
Reason for Selling:
Retirement Planning. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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