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Business for sale in United Kingdom - Cc115-certified city and guilds and eal electrician training services-hertfordshire and derbyshire

Asking Price: 235,000 £ Real Estate: Lease
Sales Revenue: 280,000 £
Net Profit: 80,000 £
Year Established: 2006
Employees: 3FT, 4PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Hertfordshire/Hertfordshire

Business types:

Business services

Business categories:

Employee Training & Motivation ; Other Business Service Businesses

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity, which has never been brought to the market for sale before. This family owned and run business commenced trading in 2006 and, in the relatively short time between then and now, has built a strong presence in the market for its services through the enthusiasm, drive and dynamism of its principal. The company provides professionally operated electrician training courses with industry recognised qualifications. The company’s ethics are simple - to ensure the quality of their electrician training courses are matched by dedicated tutorial support and guidance, affordability for all and exemplary customer service. They provide recognised electrician training courses for those completely new to the industry as well as courses for existing electricians who wish to improve / update their current skills. These courses include:- • new entrants six weeks full course syllabus • new entrants 17 days fast track domestic installer course • city and guilds 2382-10/ city and guilds 2382-20 • city and guilds 2391-10 • city and guilds 2392-10 • city and guilds portable appliance testing 2377-002 • city and guilds 2377-001 • city and guilds 2393-10 level 3 certificate in the building regulations for electrical installation contractors • part p course with two options – option one consists of city and guilds 17th edition 2382-10, city and guilds 2392-10 and city and guilds 2393-10 level 3 option two consists of city and guilds 17th edition 2382-10 and eal level 2 disq ( domestic installer scheme qualification) • city and guilds 2372-pv1001 the company currently operates mainly from its training base in hertfordshire, but has the added benefit of operating a smaller satellite training/office facility in derbyshire. The hertfordshire premises total approximately 1,100 square feet and contain 5 training bays plus a canteen, office and classroom. The company is audited regularly by city and guilds officials to preserve integrity of the training modules, and yet maintains a price competitive edge wherever possible. This offering will appeal to both private and commercial sector investors, with both sectors recognising the company’s growth, even through these current financially challenging times, along with its strong profitability. We therefore expect strong interest here and would recommend early inspection. Equipment: the company owns and maintains an inventory of equipment and machinery used daily in the smooth execution of their business. All such inventory is expected to be included in a successful sales package. Customer service: although the company sources approximately 90% of its new students via their internet website, it has, as previously mentioned, benefited throughout from high levels of third party referral and word of mouth recommendation.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: Diversification in to other business sectors
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The Hertfordshire premises lease expires in approx. April 2010 with current rental coming in at circa £12,500 per annum and yearly rates costing circa £ 5,800. The Derbyshire premises are leased until circa February 2011, with annual rental costing circa £ 5,000, and rates coming in at circa £ 1,900 per annum.
Location: As previously mentioned, the company operates from two leasehold premises, one in Hertfordshire and a satellite in Derbyshire. We understand from the Vendor that both leases are easily renewable I required. The Hertfordshire premises lease expires in approx. April 2010 with current rental coming in at circa £12,500 per annum and yearly rates costing circa £ 5,800. The Derbyshire premises are leased until circa February 2011, with annual rental costing circa £ 5,000, and rates coming in at circa £ 1,900 per annum.

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