About the Business

Business ID: XB162261

Income Exceeds $3 million. Adjusted Net Profit $750,000+ Expression of Interest sought.

This registered training organization (RTO) delivers training and assessment (National units of competency) in two distinct areas on behalf of VicRoads and WorkSafe Victoria:

• VicRoads Accredited Training – Licences
• Light Rigid
• Medium Rigid
• Heavy Rigid – Automatic, Synchro and Non-Synchro
• Heavy Combination – Automatic and Non-Synchro
• Multi-combination
• High-Risk Work – Licences
• Forklift Licence
• Elevating Work Platform Licence
• Order Picking Forklift Truck Licence
• Scissor Lift Qualification – education qualification only.

It is one of seventeen VicRoads-accredited providers in Victoria and is in the top 4 providers issuing heavy vehicle licences in Victoria. Trainees can also obtain a heavy-vehicle nationally recognised qualification for an additional payment.

The business is a family-owned enterprise with two directors and one shareholder. Plant and equipment is owned (or leased – 2 X Toyota forklifts, 1 X pair of B-Double trailers) by the RTO. To execute the training, the business employs a number of assessors and administration staff on full, part-time and casual bases. Training is conducted for over 300 trainees per month, drawn from individuals/employees.

- Strong, consistent financial performance

- Run under management

- Full range of courses offered

- Well-maintained plant and equipment

- Excellent premises and off-road locations

- The owners are selling due to personal health issues

Terms of settlement: Under most circumstances, this will be a share sale unless the buyer is an RTO with a similar scope of delivery, when it will revert to an asset sale.

This is an exciting opportunity for an existing RTO to expand its offerings or for a buyer looking for a successful business under management.

Asking Price: Expressions of Interest are sought with offers exceeding $2 million being considered.