Blue Chip Training Company for sale
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
A rare opportunity to purchase a software development training business
This Melbourne-based independent company has been in business since 1989 and provides professional development training in business analysis and related topics. Clients are predominantly large corporates and federal/state government departments but also include small/medium enterprises. Course attendees are business analysts, project managers, I.T. and business professionals seeking to improve their business analysis skills. All course attendees are employer-funded. The company has a nationally respected brand name and enjoys a strong reputation for quality course delivery. Most clients are repeat customers, cycling both existing and new staff through the company's courses.
The course catalogue consists of one to four-day courses, all I.P being owned by the company. Courses are delivered during business hours on customer premises anywhere in Australia and also through a series of regular public courses in Melbourne, Canberra, Sydney, Newcastle, Brisbane and Adelaide. Courses are occasionally presented in PNG. The team of four very able and experienced presenters have all been with the company for over eight years.
The business runs from a leased office in St Kilda Road, Melbourne. No training premises are owned as courses are presented either in hotels/conference centres (public courses) or on the client’s premises (in-house courses).
The business enjoys low overheads, administration and logistic systems being mainly automated. The sales and marketing functions are highly internet-centric. An excellent website contains a number of discussion papers on technical topics of interest to the target market. All business originates from existing clients, the website and word-of-mouth.
Opportunities for buyer
The business would suit a complementary business looking to expand into this specialised market or an experienced software developer/entrepreneur wishing to run their own show and /or find a vehicle for a complementary product like consulting or other training products.
The business could be run from anywhere, even a home office, further reducing overheads.
The average revenues for the last five years are approximately $460,000p.a.
Full financial history, client lists and all documentation available.
Computers and office furniture make up the physical assets. The courses with the practical work and the presenters’ guides in soft and hard formats along with all software, accounting and administrative processes and company data are all included.
Reasons for sale
The directors/owners are retiring after many years of association with the company.