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Ict Training - Global Rights - Computers 4 Kids
Location South Africa
Asking Price Range $20.0M - $35.0M
Gross Revenues $22294380
Net Profit / Cash Flow $13376625
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 20 - 34
Inventory 50000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training Full training and support will be provided.
Reason for Sale The success achieved by Computers 4 Kids in South Africa, resulted in setting up a pilot program in 11 schools in england and ireland. Based on reports and endorsements received, the franchisor has decided to create additional revenue streams, by rolling
Description COMPUTERS 4 KIDS is an Internationally based Education/ICT Company with franchise offices across South Africa, USA, UK, Angola, Australia, Botswana, Burkina Faso, Cyprus, Egypt, Etiopia, Ghana, Guineau, Ireland, Ivory coast, Jordan. Kenya, Malaysia, Mexico, Namibia, Nigeria, Oman, Quatar, Senegal, Sri Lanka, Swaziland, Tanzania, Zimbabwe, Training Centres, and currently supplies 1,000's of primary/elementary schools with integrated ICT curriculum materials, support and methodology covering local classroom themes and topics. In South Africa and the countries listed above - the product has been endorsed by the ECDL Foundation in Ireland.
The Founder is now selling the COMPUTERS 4 KIDS International /Global Rights and the Franchising/Licensing Opportunities for various countries FOR A TOTAL AMOUNT OF US$ 10 MILLION - Negotiable.
He has also developed and introduced the curriculum for Education/Training Centres that will be marketed to schools and training centres internationally by Master Licence holders appointed in each Country including the approximately 145 countries with ICDL/ECDL registered offices. Partnering with the local ICDL/ECDL offices, the endorsed version will be launched under the branded name of ''e-Learner'' in these 145 countries including USA, UK, Canada, Australia, Africa and New Zealand.
In addition, a retail off-the-shelf product has been added to the product range. The anticipated revenue from this source will be considerable and will be additional to the figures quoted in this summary.
The Seller is prepared to consider a structured transaction, that will provide the Purchaser with the comfort of achieving the stated revenues. The Purchaser will acquire all the existing revenue streams as well as ownership of the IP and source code.
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