Filters
LocationSouth Africa, Mpumalanga

Sector - Sales & Services

Asking Price
R10,000,000
Monthly Profit
R 230,905
Asset Value
R 3,457,720
Stock Value
R 750,000
Yearly Net Profit
R 2,770,855

Summary

Accredited trainer of equipment operators.

Give me more information

Fully describe the business's activities?

The company is an accredited training provider for various qualifications authorities including, but not limited to, Construction CETA, merSETA (Manufacturing, Engineering and Related Industries), MQA (Mining Qualifications Authority), TETA (Transport Education Training Authority) and ETDP SETA (Education, Training and Development Practices). The business provides operator and skills training for various mining companies, corporations, organisations as well as private individuals, and currently trains almost 2000 students per month. Various courses are offered including training on mining equipment and machinery, lifting and earthmoving equipment, heavy duty vehicles, amongst others.

How does the business operate on a daily basis?

A host of training courses are run and facilitated by qualified assessors and moderators.

What Advertising/Marketing is carried out?

The company has an informative website, and some advertising and marketing is carried out on various social media platforms. However, their reputation for excellence in training, is without any doubt their strongest marketing tool.

What competition exists?

There are other training providers, however, they do not pose any serious concerns.

How involved is the Owner in running the business?

The owners are fully involved in the day to day operations of the business.

When does the current lease end?

The current lease expires in December 2019, however, there is an option to renew which the owners are in the process of finalising.

What are the trading hours?

The business operates from Monday to Friday from 7am until 4pm.

What are the main assets of the business?

The main assets include several Dover testing machines, power tools, computer equipment and a number of vehicles.

Strengths?

This a well established business with an excellent reputation in their industry. They are BEE compliant and approved vendors for numerous large corporations. They are accredited training providers for various qualifications authorities and their courses are extremely well recognised and renowned for ensuring safe operating practices.

Weaknesses?

None have been identified.

Opportunities?

South Africa is a country with vast skills shortages and a high unemployment rate. There is a planned and concerted effort by many companies to enable employees to acquire work related competencies. This provides numerous opportunities for expansion including the development and promotion of E – Learning Courses, as well as interaction with government sectors, private sectors and youth development.

Threats?

Global economic threats.

What is the reason for the sale?

The owners would like to focus on other business interests, however, they will consider the sale of a portion of the business.

Location

Contact | Enquire

Angela

Angela Smith

LocationSouth Africa, Mpumalanga

Preferred method of contact

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