Established more than 10 years ago, this global eLearning company specializes in microlearning soft skills video training and content distribution. It boasts a robust online presence with organizations in 160 countries utilizing its library for staff training. The company has direct sales to 60 organizations in APAC and a network of 51 reseller partners across 15 countries, creating a significant passive income stream. The business is a turnkey operation, primarily run by two full-time directors with outsourced functions.
Products & Services
The company offers a microlearning video library of over 400 pre-made soft skills videos (1-minute and 10-minute modules), with new content released monthly and existing content constantly refurbished. It also provides pre-made SCORM pathways on in-demand topics like customer service, sales, leadership, and communication skills.
Operations
The business operates leanly with two full-time directors and part-time contractors for account management, video creation, and marketing. The core focus is on sales and marketing, sourcing new reseller partners, and maintaining international relationships. The company utilizes an in-house developed, intuitive LMS platform, white-labeled for organizations to use the content library and load their own content. The content library and platform are hosted on AWS for global scalability and optimal performance, ensuring no loss of video speed or quality. Recurring revenue is generated from direct subscriptions (monthly/annually) and partner income.
Location
The company operates globally online, with direct clients in New Zealand and Australia, and reseller partners in 15 countries, with its library used in 160 countries.
Reason For Sale: The current owners, after more than 25 years in the training industry, are looking to retire and pursue new interests.
Facilities Information: The company operates globally online, with direct clients in New Zealand and Australia, and reseller partners in 15 countries, with its library used in 160 countries.
Potential Growth:
Significant growth potential exists through: