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IT Training & Solutions Business - Returning $200k+ Per Annum

Technology And IT Businesses , Education Coaching And Training, Sales below $1m, Technology And IT Businesses

Sydney, NSW, Australia 27 Views

Asking Price $620,000 for 100%

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SALE OR INVESTMENT DETAILS

  • $0 Stock at Cost
  • $599,000 Gross Sales per annum
  • $40,000 Assets Included in Sale
  • $300,000 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Business Consultants

Highlights

  • IT Training & Solutions Business - Returning $200k+ Per Annum
  • Well Established
  • $200k+ Profit Per Annum

Executive Summary

This is an exciting opportunity to acquire a well-established training college within the expanding IT industry. 


Location Details:

Centrally located within the Sydney CBD and a stone's throw from major city train stations.


About the business

The prestige premises comprises three classrooms plus student lounge and admin. As well, there are common areas including a spacious terrace. This business is easy to operate with a very capable management team who are also teachers. It offers significant flexibility to the owner.

Currently, the school operates 9-5 weekdays, run by FT husband and PT wife who does the books. The vendors have created a unique and profitable college that is a delight to own and operate with significant scope for growth and expansion.

Modern and efficient, this training facility is ideal as a stand-alone investment, or bolt on for an existing IT school, or a city campus for suburban or interstate education institute, or for an owner-operator who wants a high income and independence.


To be sold as assets including all equipment, as well as the trading name, website, teaching aids, IP and lease.


For more information, please contact the undersigned:


Henry Wittenberg

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0435 142 192 T: 1800 858 696 E: hwittenberg@mentored.com.au


Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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