RTO for SALE
RTO business owner must recognized that a successful business venture has a good market and financial value. Given that the existing creation and renewal of RTO has become a bit more complicated task, therefore existing RTO’s has a chance to exist the market with sizable profit..
To sell an RTO business following factors need to be assessed by a Qualified Accountants. Apart from following factors, The business need to have proper sets of Financial Statement for at least previous three years.
- Value of existing tangible assets namely building, equipment’s, Furniture and Fixtures, Books, Website etc
- Value is also created if proper document management system is in placed
- Up to date audit management
- Status of compliance documents
- Feedback of Student
- Location
- Market Position
- University Path ways
- Number of Students enrolled
- Marketing strategy and Marketing plans
- Liabilities owned by business
- Staff turn over ratio
- Courses offered
- Management experience and expertise
- Renewal of license
- Government support
- CIRCOS Status
Once above factors are identified and valued properly, A profit margin can be added to the above values.