For Sale:
Well Established E-learning Certification Platform for Alcohol Servers
Asking Price: $1,150,000
Description
To be able to serve alcohol in the hospitality industry, servers must take a state-approved, mandatory Alcohol Server Training course and possess a permit to serve alcohol for on-premise consumption. This business is a leading online course platform dedicated to providing top-notch training and certification courses in the realm of alcohol server education. Its courses are a cost-effective solution for servers, bartenders, managers and owners to meet their state mandates.
Revenues are generated from the sale of courses on their website. With a passing rate of 99% among clients, its success is evident. With a digital product and one part time employee working remotely, this is a homebased business. The 2 owners spend a combined 30 hrs per week operating the business, handling contact forms, permits, and corporate accounts.
This business is an excellent opportunity for anyone with a background in hospitality. It has an extensive offering of high quality course materials with a proven track record of sales in this space. An individual familiar with serving, bartending, alcohol education could leverage this past success into strong future growth and take the business through to the next level.
Certifications/Qualifications
Each State requires the trainer to be certified with some subset of States also requiring a background check. If not already certified, a new owner can run through the online course to become certified himself/herself. One designated person can be the certified trainer for all States.
In WA and OR, a new owner will have to have either 3 years experience in the hospitality industry or a college degree
Key Benefits
- In business for over 20 years and has great name recognition
- Approved in States which can take 4-5 years for approval
- Customers report it is the best online program available
- Course is available 24/7
- Exceptional customer support
- Quality videos and interactive activities
- 99% passing rate!
- Works on all devices and is mobile friendly - PCs, laptops, tablets, android, iPad, Macs
Financial Overview
| Gross Revenue | $436,857 |
|---|---|
| Cash Flow | $390,591 |
| Archive Date | 03-01-2024 |
| Status | Archived |
| Year Established | 2012 |
| Employees | 1 PT |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Hospitality |
| Location | USA, Arizona (Maricopa) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
This is a unique opportunity for a new owner to take over an established business with strong cash flows and great growth opportunities.
Ideas for future growth include:
- Expand the training to include food safety, driving school or other forms of training
- Increase heavily on SEO
Competition
The company’s competitive edge lies in their superior product and customer service - they answer their phone vs. using an automated system!