E-Learning & Classroom Courses
Location : South Lancashire/Fully Relocatable
Asking Price : £35,000
Turnover : £73,000
Net Profit : Undeclared
Gross Profit : £34,000
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Turnover for current year circa £73,000 p.a.
Gross Profits for current year circa £34,000 p.a.
Turnover for 2016 circa £168,000 p.a.
Gross Profits for 2016 circa £72,000 p.a.
Unique training courses and content
Circa 8,500 database contacts worldwide
Very low overheads
Training and handover
This young and rather unique training company was set up by the vendor to service a gap in the market. The company provides online and classroom based therapy courses to people/organisations who wanted to expand their own therapy based businesses, and to individuals who are looking to set up their own business or company operations in this sector. In a relatively short period of time the business has generated some strong figures on the back of excellent coursework content and delivery.
The company has a wealth of knowledge and expertise in the field of therapy, and in particular hypnotherapy. It provides a comprehensive range of coursework with unique content. Courses can be taken via the excellent e-learning platform of a traditional classroom environment. Each course has been created with many years’ experience and expertise in the field, which ensures students receive the highest level of education. The company is also registered with the following associations.
• Hypnotherapy Association
• IICT (International Institute of Complementary Therapies)
• UK Register OF Learning Providers
The company has a coursework programme for the current year available for students/clients to view online and plan their training in advance.
The company has built a large database of some 8,500 contacts, not only within the UK but across the globe in a relatively short period of time. The customer base is mixed and varied. The business deals with clients who are located throughout the UK. It has a large database of potential clients but could benefit from an injection of resource to scale the business up further to maximise the many opportunities at its disposal.
The company understands the importance of customer service. Client testimonies and high levels of referrals fully back up the company ethos of providing high quality yet personal therapy training courses and assessments.
Courses can be specifically designed to suit the structure of its customers.
The company has an impressive list of accreditations to back up its commitment to high class course delivery.
Although the company is still young, it is building an impressive presence in its particular field as a high quality provider. As part of this it has created a brand that is ripe for future development. There is limited competition in this sector and the business has key approvals that give it an edge.
The company has a comprehensive range of courses with truly unique content. Some of the courses cannot be found anywhere else in the world, hence it has global reach!
The company has embraced technology having an effective e-learning platform (which it pays for on a monthly basis) as well as offering traditional classroom format.
The business enjoyed very impressive financial performance in 2016 for a company so young. These figures need to be built on.
Low fixed cost business model.
There are many new opportunities available to a new owner. The business model is truly scalable. The business could broaden its training courses still further if a new owner so wished, such is the sterling reputation this business is forging. However in saying that there is significantly more work available in its current sector to target as to date the business has been constrained by its own lack of internal resource and, by the owners own admission, a level of complacency.
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover for year ending March 2017* circa £73,000 p.a. Gross Profits circa £34,000 p.a.
Turnover for year ending March 2016 circa £168,000 p.a. Gross Profits circa £72,000 p.a.
*we are advised figures for 2017 were down due to vendor complacency!
The business utilises a leading e-learning platform and also has pc equipment to support this. All such office equipment is included within the sale price, as is the coursework, website and customer base.
The Asking Price of ‘offers in the region of’ £35,000 is for 100% of the issued capital of the company, based on a zero cash-zero debt basis.
The business does very little in the way of traditional advertising preferring to rely on word of mouth recommendations, repeat business and referrals to generate business. It enjoys further exposure through it approvals and associations with awarding bodies. The company has an informative website, which lists course programmes as well as having a presence on social media (Facebook, Instagram).
The market for all types of training is vast and getting bigger due to ongoing legislation and health and safety provision, not to mention more focus on personal wellbeing. Private businesses and the public sector are fully committed to providing training and well-being to all levels of employee. Individuals are also taking control of their own mental wellbeing and as such demand for therapy-based courses is strong.
This business is ideally positioned to benefit from this as it has a very unique range of courses, relevant memberships and a growing reputation. A new owner with some new energy, initiatives and a more proactive marketing approach could easily expand upon current revenues.
The business operates from a small leasehold office. The current lease is a 3 year lease with less than 2 years remaining at time of going to market. Current rent is circa £350 per month. The company tends to carry out classroom courses utilising hotel conference room facilities as required.
The business is truly relocatable.
Only one of the directors works in the business and works full time providing coursework etc. The business also employs a part time administrator.
The working director would be happy to provide full training and support to ensure a seamless transition of ownership. They may also consider staying on for a further period of time, subject to negotiation.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner Butler Disclosure Statement
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