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Description

SOLD ‘Q4 2022

Modern EDU Workforce Training Firm Excels in Tech

Seattle, WA (King County)

Seller Financing Available if the price and deal structure is right.

Asking Price: $750,000

Cash Flow: $320,000

Gross Revenue: $950,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2000

Employees: 65 (1099)

Business Description

The Company incorporated as a professional services business that specialized in marketing consulting and project management but evolved into specialty training of educators. As a contemporary, project-based human resource company, its highly skilled and credentialed experts help educate and empower today’s workforce.

Thanks to working with federal organizations and agencies, the GSA-approved business recognized the rapidly growing need in the educational sector.

Today, the Company has changed the old-fashioned stereotype of staffing. Services have grown to encompass executive – CEO level – upper management placement, implementation of client-specific onboarding protocols and professional development for teachers and other accredited personnel.

The Company provides consultants – experts in their fields – that focus on executing a defined statement of work from a broad range of business needs, tailored to meet client requirements for as long as a project exists. The focus is in the fields of technology and education.

The initial client, a software giant, has contracted with the company for 23 years now.

NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:

No facilities. Everyone works remotely. But you’d never know.

Competition:

There is a lot of competition due the large tech companies that are located there. Luckily, the Company isn’t limited to the area thanks to its flexible workforce, and a reputation for good work that has stretched across the county and beyond. Despite being a small business compared to competitors, the Company’s success is because of the niche market created for the services offered. It also offers better pay.

Growth & Expansion:

To maximize the Company’s strengths and increase revenue, the Seller has outlined 7-point a game plan:

1. Scale.
2. Expand the client base:
3. Canvas for additional talent
4. Expand services.
5. Move those in key management roles from 1099 to W2s.
6. Increase bill rate.
7. Seek new training and professional opportunities in emerging markets.

Financing:

TBD if structure and terms are acceptable.

Support & Training:

To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for three months, and longer as an on-call or paid
consultant, or as negotiated.

Reason for Selling:

The Sellers looks to join her husband in retirement.

Contact info

Pronova Partners

Inquire about this property

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