Business Description
For sale is a 42-year-old Canadian training and consulting firm. The company retains semi-retired field experts with 30 years of experience to teach advanced troubleshooting, maintenance, and electrical safety with a hands-on approach via mobile labs, classrooms, or virtual learning.
Since certifications require renewal every three years, the company has nearly 85% return customers. The average revenue per customer is $1,800, and the average class size is 8 students. Over the years, the company has had steady revenue and earnings. It also has low overhead costs, contributing to high-profit margins.
Excluding the owner, the company has 6 full-time and 2 part-time employees, 1 contractor, and over 14 instructors who the owner believes will stay with the company. The owner is open to remaining with the company as well.
The company would benefit from a buyer with experience growing companies and who has a sales and marketing background.
2020 | 2021 | 2022 | 2023 Forecast | |
Revenue (CAD) | $926,771 | $1,194,129 | $1,679,697 | $1,605,456 |
SDE (CAD) | $425,563 | $460,558 | $564,863 | $542,553 |