Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Specialist Welding Training Company Training/coding/testing

LISTING DETAILS
Firms For Sale ID:
34492
Vendor reference:
IT090
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£59,000  
Turnover / revenue:
£118,000
Net profit / cashflow:
Undisclosed
Years established:
8
Trading hours:
Monday to Friday: Normal office hours.
Employees / staffing:
The vendor works full time in the business providing training/coding etc. The business also has a further sub-contract trainer, whom it has worked with for several years that it utilises as and when required. The business also has a network of commission based sales agents who sell its services in to customers.

OTHER DETAILS
Reason for selling:
Vendor is planning his exit strategy so he can spend more time in his property overseas. The vendor believes he has taken the business to a point where it now needs a new injection of business acumen and energy to take it through its next period of growth to maximise the many opportunities at its disposal.
Support and training:
The owner would be happy to provide full training and support to ensure a seamless transition of ownership. He is happy to discuss remaining in the business or working with a new owner for a further period of time, subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Specialist Welding Training Company
Training/Coding/Testing
Ref. IT090
Location : Midlands/Fully Relocatable
Asking Price : GBP59,000
This highly reputable and forward thinking business has been providing a range of relevant, indemand, very high quality welding training programs for around 8 years. During that time the business has built a sterling reputation, backed up with key approvals and an impressive list of loyal repeat customers that ensures ongoing prosperity.
The company has a wealth of knowledge and expertise in the field of welding. It provides a comprehensive range of services on a nationwide basis including:
Fully Certified Welder Training courses for individuals and businesses from novice through to advanced welders with full certification.
Welder Coding/Testing (Fully approved) on various materials to all industry standards
Welding Consultancy and reviews
Certified Gas Safety Training in line with BCGA recommendations
Welding Equipment Supply/Recommendation/Testing
The company has a very large regular customer base with circa 7080 active customers. The customer base is commercial B2B clients, many of whom are blue chip organisations who use this company because of its approvals, knowledge and performance. Not only does the company provide training and formal welder qualification testing, it can also write/develop companies welding procedure qualification records (WPQRs), weld procedures(WPs) and advise on all relevant BSEN, ISO, ASME codes and standards. In addition to this it can also produce Quality Control/Assurance documentation.
The business deals with companies who are located throughout the UK. It has a large database of loyal customers but could benefit from an injection of resource to scale the business up further to maximise the many opportunities at its disposal.

Expansion Potential
The market for training is vast and getting bigger due to ongoing legislation and health and safety provision, not to mention changes in welding technology. Private businesses and the public sector are fully committed to providing training to all levels of employee. This business is ideally positioned to benefit from this as it has a very broad ranging customer base not to mention a successful track record and enviable reputation. A new owner with some new energy, initiatives and a more proactive marketing approach could easily expand upon current revenues.

Market / Competition / Non-Competition Agreements
The business does very little in the way of traditional advertising preferring to rely on word of mouth recommendations, repeat business and referrals to generate business. It enjoys a lot of exposure through it approvals and associations with awarding bodies. The company has an informative website.