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Established Technical Training Provider Business For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R7,600,000
Cash Flow:
R2,500,000

SOLD by ALDES

Make Gauteng the Head Office or establish an equivalent office of this well established technical training provider which is based in Durban, serving South Africa & Africa with its array of training interventions & affiliated services, which are accredited by the various SETA's. The client base consists of many blue chip companies, with some contracts in place. Service delivery, expertise, a unique footprint in the training market and growth have ensured its success & future. An excellent Sale Price of R4.5m on increasing Turnovers & Net Profits of R7.6m and R2.5m pa (R3.3m incl an abnormal aspect that occurs evry 1-3 years) respectively (Management Accounts 2017). Figures for 2017/18 should realise some R8-10m and R2.7-2.9m pa respectively, (based on contracts in place already).
Training includes: pneumatics, electronics, mechanical, welding, millwright, etc.

Property Information

Real Estate:

Lease

Location:

Head Office and the training centre are in Durban - but JHB could become a replica thereof or house Head Office to talk more directly to the Top International Companies this company deals with

Business Operation

Expansion Potential:

Build relationships with more middle to top companies that have not yet experienced their ability to deliver. Employ further new staff where required, when new clients are developed. Develop offices and training centres in Gauteng and CT.

Competition / Market:

There are various competitors across SA, but few that have "got it right", in regards to processes, manuals, staff, and work space. Further - a niche methodology used in training delivery, together with the other supporting services that are offered to its clients.

Reasons for selling:

Owner emmigrating

Employees:
11 excluding owner
Years established:
12 years ago by the owner

Other Information

Furniture / Fixtures value:
R775,000 - included in the asking price

Contact Information

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