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Well-established CPR Training Business for Sale

Albuquerque, NM

Seller Financing Available

Proper instruction saves lives
Asking Price:$75,000
Inventory:$1,000
FF&E:$10,500
Gross Revenue:$83,000
Rent:$1,063/Month
Established Year:2010
Listing ID: 2304737Listing provided by BizBuySell
BUSINESS DESCRIPTION

CPR Training business for sale. Authorized American Heart Association BLS training site. Authorized Health & Safety Institute Training Center. Established 2010. Will provide new owner with all necessary certifications.

$75k. Partial owner financing possible.

Well-established company with a great reputation and multiple revenue streams. Google rated 4.9 out of 5 stars. This is a small business that can be managed part time. We will provide all necessary instructor certifications for the new owner to teach classes. Create your training schedule as you see fit. Existing instructors are willing to continue working with the new owner.

Multiple revenue streams exist, including open-enrollment classes at our training center (renting in a well-groomed professional location, currently month-to-month), customer-site group training, AED sales and support, and support of numerous third-party instructors. The company has no debt. This year we are on track to train over 1000 students, about a 20% increase from last year. The company has no employees. Instruction and admin are all performed by independent contractors.

All equipment is included with the sale, including two full sets of classroom equipment, each including 12 adult and 12 infant manikins, numerous AED trainers, and miscellaneous equipment. Also included are (2) sets of audio / video equipment, one for the office and one for the road, plus tables and chairs for 12 students and all office equipment, multiple computers, software, printers, cabinets and furniture.

Ideal opportunity for EMTs, nurses, educators or anyone with a bit of training experience. This company won’t make you rich (although it’s profitable and definitely grow-able), but will provide a nice little income for not too much work. It will take someone with a little computer savvy (Excel, mostly, and some web stuff) to keep the operation running. Most administration can be done from home, if you prefer.

Owner will provide ongoing support, up to 20 hours per month, for three months. Additional support at $25 per hour for up to 6 months from closing.

Serious inquiries only, signed nondisclosure documents agreement and proof of liquidity required for additional information.

DETAILED INFORMATION
Location
Albuquerque, NM
Inventory
Included in asking price
Real Estate
Leased
Building SF
850
Lease Expiration
31/12/2023
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All office and training equipment included. We've had the same classroom location for years and have been month-to-month since the last lease expired a couple years ago. The new owner can easily take over our location or move to a new office with ease. All admin work can be performed from home. Our website searches well, operates well and is responsible for the majority of our business. It could use a fresh face, however. It's been a couple yeas.
Competition
Albuquerque is a growing market. CPR certification is a requirement for many industries, medical & non-medical. Our students are doctors, nurses, dental professionals, school bus drivers, massage therapists, construction workers and tattoo artists. We have competitors, but they often don't last very long. We consistently hear from students that the training experience at Southwest CPR is better than any other they have experienced. Word of mouth works for us. The business has not been actively marketed and will benefit from a more active media presence.
Growth & Expansion
Our web presence is good, but we do not solicit group training sessions, which can be a major income source. An active effort towards employers in key industries will yield high-margin contracts. CPR certifications must be renewed annually or biennially and the number of occupations requiring certification is growing. On the downside, obstacles to entry are small, but large enough to deter folks from just trying to do some training on the side.
Financing
Stated revenue is 5-year average. Last year gross: $78k. Month-to-month lease.
Support & Training
Owner will provide ongoing support, up to 20 hours per month, for three months. Additional support at $25 per hour for up to 6 months from closing.
Reason for Selling
Retiring
Home-Based
This business is Home-Based
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Robert Klumpp
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Robert Klumpp
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