Virtual Online Training Provider

Not Disclosed, NY

Virtual


Asking Price: Annual Revenue:
Not Disclosed $1,606,053

Technology: Internet, Websites


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RE: Virtual Online Training Provider Broker: Susan Rosner

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,606,053
Net Profit: Not Disclosed
Cash Flow: $952,837
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 795829987
Broker Reference #: 14631400

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Business Overview:

This highly profitable virtual online training company boasts over 150,000 students resulting in more than 500,000+ total enrollments. The online professional development platform provides the required learning for the in-demand project management professional.

The business is projected to grow to $1.4M in profit in 2020 due to the increasing demand for quality, affordable self-paced learning for busy professionals. These professionals prefer the flexibility of self-paced online learning to live training that is provided at pre-scheduled times.

The owner has built the business to sell. He has created an operational model that is turn-key. All the systems and people that are needed to continue this growth are in place. The business owner’s functions are easily replaced, and the current owner will be available to provide whatever support is required.

Individual buyers will require related experience. Only high net worth buyers with a minimum of $3M in net worth will qualify for financing.

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:

Virtual Organization

Market Competition and Expansion:

Demand for project managers continues to grow faster than the demand for workers in other occupations. A certified project manager can earn $120K per year or above. The target markets are individuals that want to take advantage of career development opportunities as well as businesses that have a strategy to remain competitive through the development of project management competencies in their organizations. Competition in this niche is fragmented. The real differentiators are in quality and training delivery models. Traditional and online live classroom models provide quality programs but limit access due to pre-scheduled times. The innovation that has fueled the growth of this business is its ability to deliver a self-paced quality training model at affordable prices.

Reason for Selling:

Owner wishes to pursue other interests.

Additional Details:

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

Relevant Links:

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