Profitable Online Course Business, £30k Annual Income, Low Owner Input, Relocatable, 3000+ Reviews
Relocatable
- Status
FOR SALE
- Date Submitted:
19/10/21
- Advert ID
284641
- Freehold: £100,000
- Turnover: £35,000 (£673 Per week)
- Net Profit: £24,000 (69% Profit margin)
Key Features
- Unique Business
- Home Based
- Accounts Available
- Established Business
- Offers Invited
Business Details
Online course business generating £30k+ per year with 1 hour a week input from owner
ONLINE COURSE BUSINESS FOR FREEHOLD SALE
The business runs on autopilot and is well-established in the marketplace, with most of our customers being repeat customers (72%). We have over 3000 positive reviews, which we can share with any prospective buyers. The course purchase process, as well as the certificate production, is automated. We currently send out hard copy certificates too, which has set us apart from the few online schools offering similar courses and is why we have so much repeat business.
This business has generated a nice healthy income of approximately £25,000 - £45,000 a year for the last five years. The business takes about an hour a week for me, with all sales traffic currently coming from Adwords. Still, there is the potential to grow the business further using social media and email advertising. I have enjoyed running this business, but I have decided to move on and start a new career.
I am open to offers for the business as I would prefer to sell to someone with a passion for the subject matter who can help take it further.
I can provide documented processes for the new owner and am happy to assist with the handover process. I have a list of 20 additional courses which were going to be commissioned from subject experts, but I have not got around to processing them further due to the demand from my new career.
The business is valued at a freehold price of £100,000 and turned in an annual net profit of £24,000. It has given a yearly turnover of £35,000, reflecting upon the success it is.
Please feel free to contact me for any further details.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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