Ict Training - Computers 4 Kids African Rights
Location South Africa
Asking Price Range $2.5M - $5.0M
Gross Revenues $1700000
Net Profit / Cash Flow $850000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 4 - 5
Inventory 25000
Relocatable Yes
Number of Employees 4 - 5
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, the UK, Ireland, Ghana, Nigeria, Swaziland, Botswana and Namibia, and currently supplies 450+ schools with integrated ICT curriculum materials, support and methodology covering local classroom themes and topics. The Franchisor is now offering Computers 4 Kids the African rights and the Franchising/Licencing Opportunities for sale for African countries for a total of R18,5 million, and has also developed and introduced the curriculum for Education / Training facilities, that will be marketed to schools and training centres throughout the African continent by Master Licence holders appointed in each Country.
In addition to the schools curriculum, Approximately 42 new Computers 4 Kids/E-Learner Country Licences can be distributed/sold to those African countries with ICDL/ECDL registered offices. In addition, a retail off-the-shelf product is currently being 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 Full Master Licence for Africa.
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