Due to personal health circumstances, the vendor has reduced the price for a quick sale and all reasonable offers will be considered.
This business represents a timely response to pressures on Australia's education system by providing unique digital learning solutions for grades 7 - 12 with a strong focus on cognitive skills.
Featuring a fully interactive portal for students, teachers, schools, and parents to select and develop learning through over 150,000 unique questions, revisions, and exams, this business has pivoted in the last two years to complement the challenging teaching and learning environment post-COVID-19.
School lead remote learning has increased significantly as a result of COVID, and Australian students have been subject to a steady decline in their educational outcomes. Australian students are particularly vulnerable to any further stresses on their education systems, with their performance in Mathematics, Science, and reading already declining prior to COVID compared to our peer nations.
In the last 5 years, this business has invested over $4M in IT and development costs, graphics, content and resource creation which culminated in their learning portal and (trademarked) Naplan brand and resources.
The business is currently now in customer acquisition phase, and is engaged with approximately 120 schools, trading at approximately break even.
The asking price of the business reflects the cost to create value at a significantly discounted rate, to account for the fact that further time output is required to expand the business to profitability.
The business conduct is relatively turnkey, operating as a remote business. The business can easily transition to a third party private owner or especially a strategic acquirer, looking to fast track the significant barrier in developing quality educational resources.
Features
Fully operational infrastructure and mature educational resources
All major IT development and content creation completed
Over 150,000 unique questions and answers
Detailed answer explanations and comprehensive feedback reports
State and national standards comparisons
