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The business is incredibly profitable and has a capacity for growth due to the systemised approach. The business is run under management with a clear pathway to a new owner utilising existing staff.
About the Business
The business is one of the most fundamentally sound RTO I have encountered, regardless of location. In recent times they have expanded their already established footprint, particularly in regional areas. The key focus has been aboriginal people and disengaged youth. This is being well supported by key stakeholders and has an impressive completion rate, mainly due to a strong mentorship approach.
The business is incredibly profitable and has a capacity for growth due to the systemised approach the vendor has undertaken in recent years. The business is run under management with a clear pathway to a new owner utilising existing staff.
The business is on track for a $1.5M EBIT in 2020 and more importantly, has created a stability and maintainability for future years.
The RTO has funded contracts for:
• Participation / Equity program (480 places per annum, 2019 used 320)
• Apprenticeships / Pre-Apprenticeships (Commercial Cookery)
• Traineeships (User Choice)
• Priority Industry Training
Whilst the RTO Head Office is in Perth, permanent delivery sites are established in three centres in regional Western Australia. Each site is self-sufficient in staffing and there exists strong growth potential in all areas. The regional approach was due to these areas being poorly serviced in most cases whilst receiving large funding benefits.
Scope of Registration and key learning areas include:
• Leadership and Management
• Vocational Pathways
• Retail Services
• Kitchen Operations
• Commercial Cookery
The vendor is committed to a stabilised handover including assisting with alignment to the buyer’s business management approach & systems to ensure focus on day to day operations is not lost & acting in a mentoring capacity to current GM & others within the investor group for up to 6 months on an ad-hoc basis).
This is an exciting and strategic opportunity to own one of Western Australia’s leading RTOs
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