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BUSINESS REFERENCE : CC071 / RightBiz CC071-NORTHERN ENGLAND-£595,000-SPECIALIST INTERNATIONAL ELECTRICAL TRAINING & CONSULTANCY PROVIDER | | | | | | Specialist International Electrical Training & Consultancy Provider Confidentially offered for sale Ref No: CC071 Location: Northern England Asking price: £595,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Electrical Retailers | | SALE: | Agent Sale | LEASEHOLD: | £595000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Formed in 1991, this centre specialises in providing tailor made electrical training solutions to individuals, large and small businesses, national and international corporations. Subjects cover all aspects of the electrical industry and include Low and High Voltage training courses for onshore offshore and Marine Electrical Systems.
With a continuous stream of personal investment into the centre and training courses, the company has gone from strength to strength since inception to become one of the largest and most well respected electrical training facilities in the UK and abroad. Ongoing re-investment and diversity has demonstrated the company’s commitment to its clients, staff and the future. A truly international company, courses have recently been delivered in the USA, Antigua, Nigeria, Portugal, Malaysia and Abu Dhabi to name but a few locations.
An established electrical training centre, all training staff are competent professionals in the implementation of City and Guilds, NICEIC and EAL approved courses and have a wealth of experience in their areas of expertise. The facilities at the centre give the ability to offer more than just a training course, more a complete electrical training solution. Training is delivered through classroom teaching, where necessary, and practical hands on exercises for the majority of the course and made relevant by using equipment candidates' use, or will use, in their day-to-day jobs. Tutorials and exercises represent situations that can occur in modern industrial facilities.
Recently a new international training centre has been set up in Cyprus, with over 6000 square feet of training facilities offering a wide range of 'hands-on' practical electrical training, similar to those offered in the UK.
The business has built up a large, international client base and is held in high esteem and respected by clients, whether Onshore, Offshore or Marine and is now Internationally renowned, with few competitors.
Equipment:
The centre is proud to boast some of the best facilities in the United Kingdom both in terms of theoretical training aids as well as practical workshop appliances. The current owners have invested heavily in equipping the centre with those facilities that will ensure its future success and prosperity.
Customer Service:
Staff are fully committed to providing the very best levels of customer service and the highest possible standards of training to guide candidates through the range of courses available, all of which can be individually tailored. The training staff are experienced in successfully developing the skills of candidates and ensure their experience is unique, enjoyable, rewarding and will support any individuals professional development. Candidates receive the highest level of training to attain nationally recognised qualifications.
Employees:
The strength of this company lies with a professional committed personnel.
Key Strengths:
The business has a wealth of expertise in training and has been developed in such a way so it can cater for the most demanding of clients. The infrastructure in place, be it staff, facilities, accreditations and courses available are first class and ensure clients receive a very high level of training and assessment on a consistent basis. It also has all the required registrations and accreditations in place to meet current demand, be it legislative or commercial.
Growth and Expansion:
The infrastructure of the business has been built with growth in mind. The market outlook for the business is very positive and the future profitability of the business looks extremely lucrative. Further growth will come through word of mouth recommendations. Other opportunities include a more proactive approach to sales and marketing, both in terms of wider geographical spread expanding the courses as the company becomes ever more established and client development. The business already has a very favourable reputation in the industry with good levels of repeat and referral business. This is demonstrated by a very encouraging growth pattern to date.
Advertising and Marketing:
The website has been designed to provide information on all aspects of the training courses provided . The business has developed a well respected name and generates business from the existing client base and word of mouth recommendation.
Premises:
Two modern leasehold premises are located on a popular light industrial estate housing many national, regional and local firms. The premises are circa 8000 sq ft and circa 7500 sq ft respectively. One of the premises could be expanded by means of a mezzanine floor.
With dedicated training facilities the premises set new standards in quality and training with offices, lecture rooms, workshops, an IT suite and tutor rooms. The equipment installed is varied and extensive and includes equipment for Installation, Inspection and Testing, to various standards including City and Guilds, Part P and NICEIC.
There is good access and parking and excellent transport links to the local trunk roads, motorway networks, airport and rail links.
Premises 1: Rent/Rates/Utilities £45,000 per annum
Premises 2: Rent/Rates/Utilities £38,000 per annum
The premises in Cyprus offers 6000 sq ft of training facilities.
Premises 3: Rent/Rates/Utilities £33,000 per annum
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business is financially stable with high gross and high net profit and has shown consistent growth. Projected sales for 2008 are circa £1,200,000 per annum. It is anticipated that 2007/2008 will be a year of significant progress for the business.
Reason for Sale:
Personal /retirement
Support and Training:
Support and training can be provided for a negotiated period of time. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CC071 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
