Business Description
For sale is a 13-year-old Oklahoma-based company that offers on-the-job education and training for trade workers. The construction and home services industries have had a skilled labor gap for years; by investing in their workers’ fundamental training, this company offers reliable workers for commercial construction & manufacturing customers.
A potential buyer could scale the business and expand nationwide, or the company could be an asset to a potential buyer needing a skilled workforce. There has been consistent revenue growth, with a slight dip in revenue and profits in 2020 due to the pandemic (when companies closed down). They are currently working with 12-15 recurring clients and have around $53K worth of equipment. Revenue streams include 90% temp-to-hire, 5% direct hire, and 5% safety training.
The owner is willing to stay with the company for one to two years in a consulting role. In addition, the company has a safety manager trained to run day-to-day operations. There are no additional licenses required from a new owner other than those included with the sale of the business; however, having experience in recruiting, hiring, and construction would be helpful.
| 2019 | 2020 | 2021 | 2022 | Jan-June 2023 | |
| Revenue | $2,168,693 | $1,996,258 | $2,277,036 | $1,817,785 | $847,681 |
| SDE | $324,411 | $235,003 | $266,527 | $317,271 | $142,650 |