Business ID: BS------
Delivering training (National units of competency) in two distinct areas on behalf of VicRoads and WorkSafe - EBITDA exceeds $635,000.
This registered training organization (RTO) delivers training (National units of competency) in two distinct areas on behalf of VicRoads and WorkSafe Victoria:
-VicRoads Accredited Training – Licences
-High-Risk Work – Licences
-Scissor Lift Qualification – education qualification only
One of only twenty VicRoads accredited providers in Victoria and is in the top 4 of providers. Trainees can also obtain a heavy vehicle nationally recognised qualification for an additional payment.
The business is a family-owned enterprise. Plant and equipment is owned (not leased) by both the RTO and a service entity. To execute the training, the business employs a number of assessors and administration staff on full, part-time and casual bases. Training is conducted for over 300 trainees per month drawn from individuals/employees.
-Income has exceeded $3 million consistently over the last three years
-Fully compliant through ASQA
-Experienced and qualified assessors and trainers
-Excellent facilities
-Well-maintained vehicles and equipment
-Solid financial performance over a number of years
Please note that in order to retain the Registration as a Training Organization, this will be a SHARE SALE.
Terms of settlement: 10% to be paid on signing of a Share Sale Agreement with the balance paid at settlement.
A major player in its training sector and would be a strategic acquisition for an organisation delivering similar or complementary competencies.
Asking Price: $2,950,000 for the shares
Property Code: 2788
