Workplace Safety Training

Not Disclosed, MA


Asking Price: Annual Revenue:
$1,606,500 $700,000

Services: Professional


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RE: Workplace Safety Training Broker: Cortney Sells

Quick Facts

Asking Price: $1,606,500
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $434,197
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 30
BBN Listing #: 378234398
Broker Reference #: INS010

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Business Overview:

One of the largest players in safety training and consultation in New England, this company is well-positioned to continue operations or to promote growth in the Northeastern United States, if desired. The company presents training on-site, online, as well as public classes. Curriculum is in-place and covers topics such as various OSHA certifications, crane safety, DoT safety regulations, respiratory safety, fall protection, and first aid. Additional services include on and off-site consulting as well as safety assessments. Most work is completed for general contractors in the private sector (60% of revenue) and the most common service is safety consultation (55% of services offered). All classes have related hands-on materials for each course, for a total of $50,000 in training equipment.

The team of 30 is well-trained and located throughout New England and the Northeastern U.S., with a consultant strategically hired about every 60 miles. The geographical disbursement of consulting and training employees eases the travel requirements, with essential overnight stays at less than 5% of total travel. Working alongside the consulting staff are marketing and sales representatives, account consultants, as well as specialist subcontracted professionals with detailed industry knowledge.

The current owners are focused on business development, operations, and financial oversight. One owner is working full-time, while the other focuses on this business about 30 hours per week.

Growth for this company can be found in scaling the company to cover additional territory in the Northeast as well as fostering the development and use of the online training system. Finalizing the Federal DBE status, if applicable after the transition, would be an additional way to maximize contracts won through government agencies.

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Property Features and Assets:

Equipment: $82,000: Computers, equipment, furniture, fixtures, safety training equipment Secured POs: $1,000,000+ Intangible Assets: Reliable training partner, respected company with positive reputation, well-trained and autonomous team *amounts may vary, replacement cost

Market Competition and Expansion:

Scale growth, finalize DBE status at the Federal level, franchise, Expand online training component

Reason for Selling:

Retirement

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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