FOR SALE
611479
631 / Rightbiz
Commercial Road are delighted to invite offers for this well-established, and profitable online virtual Training Provider.
Incorporated as a Limited UK Company in 2017, with teams currently in 3 different countries, this Training Provider continues to offer proven and effective learning solutions on an international basis. Although currently based and operated from Edinburgh, United Kingdom, the current owner is a frequent traveller, and the business is set up to be run from anywhere in the world by just being connected to the WiFi.
The business model of this Training Provider drives maximum profitability through the following 3 key driving factors:
ü There are no employees. The entire team consists of Associates who are self-employed but work together in a symbiotic work relationship. This means there are no guaranteed salaries, as Associates are paid on demand basis, invoiced monthly in arrears.
ü No overheads such as premises, vehicles, equipment etc. Virtual training is conducted on-line. Face to face is conducted on site, with the client providing the venue. All training Consultants have their own training equipment to conduct virtual classes.
ü No business risk or bad debts. All collages pay at the end of the following month. All other clients (business and individual) pay upfront, prior to training. Associates are only paid for training completed.
Revenue is generated through 4 income channels, listed below in order of current volume:
1 Universities and Collages use this Provider to design and deliver business skills training on an Associates basis. Associates are charged out at a daily rate. This is recurring repeat business, and bookings are received daily.
2 Other Training Providers contact us when they require experiences Trainers to support them on an Associates basis. Associates are charged out at a daily rate.
3 Corporates and businesses. This Provider has its own Associate New Business Sales Team who are sourcing new contracts/tenders. This generates a lucrative revenue based on a “per-learner” basis. – and has huge scope for growth. A commission is paid to the New Business Associate Team member. An Associate Head of New Business drives the performance and coaching of this team.
4 The general public enrol on Training courses via the online store, website, and other directory listing. This generates a revenue based on a “per-learner” basis. – and has much scape for growth.
The business has flourished during Covid. The current owner embarked on a successful and targeted growth campaign achieving the following sustainable results:
ü Securing many new clients and recurring contracts
ü Growing an Operational Associate Training Consultant Team
ü Establishing an Associate New Business Sales Team
ü Increasing the company’s social media presence
ü Setting up an affiliate program
ü Growing the companies training offering to over 275 courses, covering:
Ø Leadership development
Ø Personal and Team Development
Ø IT Skills
Ø Customer Service
Ø Employee Wellbeing
Ø SME Support
The new owner has opportunity to increase this offering, thus generating new revenue through new channels.
We believe that this company would be a great bolt on for an individual or company that is already in the training, education, or e-commerce industry.
Alternatively due to the business being self-sufficient and running itself would be ideal for a first-time buyer, or existing business owner also.
Is this something that I appealing to you? Contact Commercial Road and let us help you to get started into your new venture.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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