In the world of apprenticeships this business is stunning. Built surely but steadily the business has now taken off in a big way, producing excellent figures for 2023-24 which are more than sustainable going forward. In fact 2024-25 is already shaping up to be 50% up on 2023-24.
The owners have taken a pragmatic approach to the sale - they are prepared to sell at 4xEBIT for 2024 providing completion takes place by December 2024. Because profits will be increased significantly next year the price will rise to around £7.5m in 2025.
With a client base full of public and private sector giants and with 500 learners on programme and a dominant position in their chosen sector this business has much further to travel.
The price is very attractive at £5.4m.
