New York, NY, USA
This highly profitable virtual online training company boasts over 150,000 students resulting in more than 500,000+ total enrollments. The online professional development platform provides the required learning for the in-demand project management professional.
The business is projected to grow to $1.4M in profit in 2020 due to the increasing demand for quality, affordable self-paced learning for busy professionals. These professionals prefer the flexibility of self-paced online learning to live training that is provided at pre-scheduled times.
The owner has built the business to sell. He has created an operational model that is turn-key. All the systems and people that are needed to continue this growth are in place. The business owner’s functions are easily replaced, and the current owner will be available to provide whatever support is required.
Individual buyers will require related experience. Only high net worth buyers with a minimum of $3M in net worth will qualify for financing
Competition in this niche is fragmented. The real differentiators are in quality and training delivery models. Traditional and online live classroom models provide quality programs but limit access due to pre-scheduled times. The innovation that has fueled the growth of this business is its ability to deliver a self-paced quality training model at affordable prices.
Owner is willing to assist in the transition plan to ensure the continued success of the company.
13th July 2020 8:52 pm local time