International Maritime Training Company

Sacramento, CA (Sacramento County)

International Maritime Training Company
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Asking Price: $500,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2008

International Maritime Training Company

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Business Description

This company provides required international maritime training to assist companies in following maritime regulations.

Current CBT training programs are well established.

Currently the training programs are used on ~3,000 vessels with 90 – 100 clients.

There are about 8,000 vessels in the world who are covered by the regulations (so plenty opportunity to expand).

Most clients have been using the company for many, many years.

Competitive prices for training provided with good profit margins!

Limited competition in the space – only two major competitors.

CBT training is much more cost effective than instructor led.

Since the regulations are always changing, IMO meets every year to discuss regulation changes. Changes to regulations requires periodic updates to the CBT training modules. This Company charges a recurring 10% - 15% of the original sales price annually for updates to the programs.

Detailed Information

Facilities:
none
Reason for Selling:
retirement
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(from currently available funds)
 
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Darrin Davenport

Business Listed By:
Darrin Davenport

Common Ground Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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