Business For Sale

Mine Safety Instruction and Testing

Not Disclosed, UT


Asking Price: Annual Revenue:
$351,000 $286,763

Services: Education & Training


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RE: Mine Safety Instruction and Testing Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $351,000 10% Buyer Down Payment: $35,100 10% Seller Financing: $35,100 x% Bank Loan: $280,800 A 10% down payment of $35,100 returns $46,407 in the first year after debt payments!

Quick Facts

Asking Price: $351,000
Annual Revenue: $286,763
Net Profit: Not Disclosed
Cash Flow: $103,484
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 4
BBN Listing #: 920034398
Broker Reference #: INS006

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Business Overview:

This is a growing and dynamic miner safety business for sale. Located near leading gold mining companies in a leading gold mining state, this operation has the best interests of their customers at heart. Providing comprehensive services for miners gives this business an advantage over their very few competitors. With the addition of staff, the growth potential for this business is great.

Services include surface and underground miner safety classes, respirator and spirometer fit testing, audiometric testing, as well as first aid and CPR instruction. Mine related services account for 90% of overall income. With a focus on ease, convenience, and miner needs, 75% of business is from returning loyal customers.

Classes are offered in 12 hour shifts to accommodate the typical mining schedule. Around 40% of students have testing done while in class. This company also accommodates group instruction and testing by contract with large mining corporations.

Instructors of the mine safety classes must be a current or former miner. The current owners are also sole operators, with the exception of 2 part-time staff brought on for large contract work. The owners’ responsibilities can be assumed by a qualified teaching candidate and an administrative hire. Owner 1 is an instructor and owner 2 handles all administrative tasks as well as safety testing. All curriculum is in place for the new buyer.

Year Established: 1996
Location and Service Area: In a leading gold mining state serving local and international clients
Clients: Miners, those working on mining sites, mining companies
Services: New miner training, OSHA classes, safety testing (spirometer and respirator)
Lease: 3,800 square feet.
Reason for Selling: Focus on family
Employees: 4: Owners (2) are operators, but all duties can be taken over by additional qualified staff, 2 part-time teachers for large contract work
Hours: Monday - Thursday 7:00-6:00
Seller Training Period: 90 days transition, 1 owner willing to stay on after sale
Growth Opportunities: Add staff to increase capacity, increase hours of operation, expand OSHA classes
Current Owner’s Responsibilities: Owners are operators, but all duties can be taken over by additional qualified staff

Intangible Assets: Long-standing community business, positive reputation, comprehensive approach, family atmosphere, returning clients.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Intangible Assets: Long-standing community business, positive reputation, comprehensive approach, family atmosphere, returning clients.

Market Competition and Expansion:

Add staff to increase capacity, increase hours of operation, expand OSHA classes.

Reason for Selling:

Focus on family.

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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