Asking Price: OIRO £1,000,000
Turnover: c£682 ,000*
Gross Profit: c£384,000
EBITDA before Directors costs: c£196,000
Current Net assets c£236,000
*From year end 2019 accounts
Ref No: CC186
The Business is a firmly established concern, strategically and conveniently situated close to the M5 and M4 Motorways and was established by the vendor over 17 years ago. The business specialises in offering high added value corporate and business process consultancy and specialist training
e-learning programmes and taught services, for medium & large sized businesses including some of the best known companies in the UK. The business describes itself as supporting client organisations in improving their transformational programme delivery.
The company has established itself at the forefront of the development of programmes and management, for the modelling of high performing organisations and of individual programmes & projects.
The business’ products & services have developed to meet the needs of clients and enable them to develop their people, processes and procedures, providing them with evidence of their progress and success.
The business has a comprehensive service offering in consultancy, encompassing both discovery and diagnostic, leading to class leading solutions.
The business has many clients and continually invests in its e-learning programmes alongside its core taught and consulting services to ensure that it maintains its position as one of the most advanced and comprehensive providers in the marketplace.
• Loyal long term clients
• The business has been around for over 17 years and is a solid repeatable business opportunity
• The business has untapped potential and is highly scalable
• Comprehensive client-product knowledge
• Solutions to complex requirements
• Very strong key client relationship
y/e £ 000s 2019 2018 2017
Turnover 682 902 1,006
Cost of Sales 298 538 570
Gross Profit 383 363 436
EBIDTA (2019) before Directors' costs: c £ 196,000
On the basis that the Business is being sold on a zero cash-zero debt basis, the completion balance sheet is anticipated to be approximately:*
Cash & Equivalents: £237,797
Trade Creditors: (£121,340)
Net Assets: £235,749
*From 209 accounts
Offers in the region of £1,000,000 are invited for 100% of all the issued capital of the company. There will be a £ for £ adjustment to the final sale price to reflect any upward/downward movement away from the £235,749 target net asset price.