Buiness for sale in QLD, BRISBANE
ICONIC RTO - VERY PROFITABLE - NATIONAL REGISTRATION
Advert Id : 7192
Sellers Ref: (50872)
Location: QLD - BRISBANE
Category: Educational
Financial summary
Asking Price: AUD $3,800,000
Sales revenue: AUD $0
Net profit: AUD $0
Furniture/Fixtures value: AUD $0
Inventory/Stock value: AUD $0
Business description
A highly respected Registered Training Organisation, arguably one of Australia's largest and best operated, is being offered for sale for the first time in seventeen years. It not only participates in government funded training, but also has solid commercial alliances with both National and International companies.
Offering a choice of six National training packages and a scope in excess of 70 qualifications, they cover from Cert 1 through to Diploma and Advanced Diplomas, in a large and varied area.
The owners have spent seventeen years building a sound operation, by reinvesting capital into both training and business management systems, to enable a new owner to commence operation without having to invest, either time or capital, to improve the operation of the RTO. They have recently undergone a major rebranding of the company and also invested heavily in the IT area of the business.
Training is delivered from four permanent locations as well many other locations, on an as needs basis. The broad coverage area and range of qualifications offered allows the business to have multiple income streams and not be reliant on one or two contracts. The business has recently become CRICROS registered and has approximately 100 students enrolled across two campus locations.
The broad range of specialist services provided by the company includes:
- Specialist Business Development and Training Programs
- Traineeship Delivery
- Small Business Development
- Federal and State Government Funded Programs
- Indigenous Employment Programs
The Registered Training industry is a very resilient industry in all economic conditions.
Highlights of this business are:
- Long Established, Respected Business
- Several Government and Commercial Contracts in Place
- Excellent Compliance History
- AQTF Compliant until 2015
- CRICOS Registered
- Qualified Staff in Place
- Great Website
- Online Training Available
- NEIS Contract
- User Choice Contract
- Productivity Places Contract
- Small Business Online Contract
- Commercial Training Arrangements
- VET Training
- Turnover above $3.6 million for 2010
- EBITDA Average for the Last Three Years in Excess of $1million
- Turnover and EBITDA has Grown Annually
- Genuine Financial History Available
The owners are genuine motivated vendors and seek enquiries around $3,800,000 from genuine, qualified purchasers.
Peter Geary 07 5591 1661
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