20 years with stable income. Local and internationally accredited courses for school leavers and advanced knowledge. NQF certified.
MAs will show monthly variations, while this Report shows annual averages.
Potential clients enquiring in respect of courses, are assisted and signed up on pre-payment or payment plans.
Existing clients attend lectures, as delivered by the company's top lecturers.
The General Manager manages the business, specifically in respect of certifications, courses, systems, processes, finances, social media, etc.
Excellent website, Facebook, word-of-mouth, social media, etc.
AFS and Management Accounts are readily available and mirror each other.
This Report is based on the last 12 months MAs; noting that the last 2.5 years are very similar in turnover and profits.
- Asking Price:
- R3,600,000 Furniture / Fixtures included
- Turnover:
- R3,870,000
- Net Profit:
- R1,100,000
Property Information
- Real Estate:
-
Lease
- Location:
-
JHB- Midrand & Durban
- Premises Details:
-
2 rented premises in good positions, each 200m2, both rentals combined R38kpm, with 6% escalation clauses, with extensions available.
Business Operation
- Reasons for selling:
-
Owner is retiring
- Trading hours:
-
M-S : 8 - 16H00
- Employees:
- 8 being a GM, Manager, 4 lecturers & 2 cleaning staff - all employees
- Years established:
- 20
Other Information
- Support & training:
-
GM - knows & has been involved with everything for the last 20 yrs, but owner/investor will happily assist if needed
- Furniture / Fixtures value:
- R150,000 - included in the asking price
- Relocatable:
- This business can be relocated
