This is a well established and desirable category 2, private training establishment, offering niche technical courses in two different locations in Auckland.
Excellent staff and systems are in place. This business could be owned and operated by an experienced and passionate entrepreneur or could easily be added on to an existing PTE.
This business provides level 3, 4 and 5 technical courses mainly to NZ based students and is not hugely dependent on international students. Excellent MOE EFTS funding in place with constant growth. Certain students are eligible for free education and student loans. The current owners have done the hard yards and established the name, brand and reputation in this market. Their efforts have resulted in consistent growth, excellent ministry audit reports and exceeded students expectations on many occasions.
The business is ready for the next level of growth under suitable and experienced leadership as the current owners are looking forward to a change and a new challenge after 17 years in the industry. Total revenue is $1,178,000 resulting in discretionary cash surplus of over $225,000 to the part time owners.
This is a rewarding and rare opportunity in a sought after industry and is well priced at $450,000. Vendors are available for an extended and smooth transition, if required.
Call Hari Gangisetty on 021 629 993.