Business for Sale in Greater Cincinnati

This business provides three certified IT and one medical billing & coding course, plus job placement (employment) services for displaced workers (and those with disabilities). 

In business for over 20 years, the company has established itself with numerous local government agencies that refer “customers/students” to the company.  These agencies normally pay all or most of the fees and tuition costs of the students.

The company has office managers who perform most of the day-to-day duties to run the company.  The owner spends 10-20 hours per week managing the business.

The company is engaged in an area that is becoming more and more important as displaced and disadvantaged workers need to be trained and then placed into new jobs.  A new owner with the ability to be 100% involved in the company should see a great opportunity to build off of the solid (and profitable) base of business and contacts (government employment assistance agencies) established by the company.

INVESTMENT HIGHLIGHTS:

·         >>  Adjusted cash flow consistently between $150,000 and $200,000 although the second half of 2010 will be down due to temporary freezes on workforce funding sources

·         >> Well established reputation of providing quality services

·         >> The business will benefit as the economy improves and more hiring occurs

PURCHASE PRICE:

The business is offered at $295,000 REDUCED TO $225,000.  The buyer to assume certain course completion obligations.

ASSETS: $  40,000 Receivables.                       

               $  95,000 Equipment at Original Cost   

FINANCIAL RESULTS:   

FOR FURTHER INFORMATION CONTACT:

KEATE PARTNERS

7783A Five Mile Road

Huntington Bank Building

Cincinnati, OH 45230

(513) 241-3700  Fax (513) 852-8325

www.keatepartners.com