Business Sold Perth, Western Australia 6000
Business Category Educational
SOLD
Description
Excellent Scope-funded-great Profit-1272
About the Business
It is SO rare to find a quality RTO with great funding in key priority and skill shortage areas. It is even rarer to find a quality RTO fully under management allowing you to apply your strategic skills instead of overseeing the day-to day operations.
This certainly suits an investor or an Eastern states RTO wishing to leverage into the West.
Being funding in multiple states with various Early Childhood Education and Community Services qualifications on scope and a long registration to boot!
The business is on track to record a net profit of $500k and current enrolments (even with COVID) are certainly on track. In fact, Q1 and Q2 are ahead of projections.
With dedicated Business development staff now in place, the above net profit figure is ULTRA CONSERVATIVE and the ROI on each sales person is in excess of $1.4M.
This is value laden and in this crazy time, it is finding students are MORE keen to learn so their profitability is actually going up - not down.
The RTO’s core business is linked to an essential service – Childcare and the income revenue is 98% government funded.
All of the RTO’s qualifications are on the government’s Lower Fees, Local Skills initiative, providing reduced fees for students going into 2021 and further government support for the RTO..
There is the opportunity to fully utilise all of the scope and apply the same business methodology to further increase profitability.
For more information contact the Infinity Team on XXXXXXXXXX or XXXXXXXXXX
Infinity Business Brokers are Highly Experienced Specialists in RTO Sales, Acquisitions and RTO Mergers. They are Australia’s leading RTO sales authority. Operating Australia wide and have successfully brokered over $83M in RTO Sales.
Interested in selling? Contact Travis Latter on XXXXXXXXXX
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