• Offered at

    $2,500,000

    Offered at

  • Revenue

    $1,190,249

    Revenue

  • Discretionary Earnings

    $751,402

    Discretionary Earnings

  • Down Payment

    $258,910

    Down Payment

  • Real Estate

    $1,300,000

    Real Estate

Exceptional Welding Certification School established in 2016, located in Los Angeles County provides courses for the certification for all welding processes.  This business has $1.19 million sales, $751,402 discretionary earnings (DE).  Revenue has grown at over 49% annually and the school is well positioned for continued growth.  Both short- and long-term growth can be achieved with geographic expansion and increased marketing.

$259K down w/SBA Fixed Rate Loan, Trained instructors/admin employees

The school has a highly competitive advantage by being the only welding school able to offer a complete welding program in a specific welding discipline in 16.5 weeks.

The school accepts funding from the VA, ETPL, WIOA, LA County WebVen, Workers Compensation Vouchers, LA County Probation Education Grants. The school also provides low interest private student loans making it possible for more students to attend.

The school is licensed to operate by the California Bureau for Private Postsecondary Education. WCC is an approved Los Angeles Department of Building & Safety (LADBS) Testing Agency and can conduct

performance welder examinations in-house for all classifications.

Summary:

  • Offered at $2.5 million
  • $1,190,249 sales 2021
  • $751,402 Discretionary Earnings 2021
  • 49% growth in 2021
  • $259k Down w/Fixed Rate SBA Financing
  • Includes $234k of high-quality equipment

Welding Programs Offered:

  • Multi-Process Welding – Structural Steel
  • FCAW Structural Steel
  • GMAW (MIG) Mild Steel
  • GRAW (TIG) Aluminum, Mild Sheet Steel, and Stainless Steel
  • SMAW Structural Steel and Structural Sheet Steel
  • GMAW (MIG) Structural Steel and Sheet Metal
  • Multi-Process Welding – Structural Steel

The owner/seller has built a scalable company with excellent procedures and a team of 7 knowledgeable and professional employees, including well-trained instructors with years of industry experience and an office admin staff.  This business has a reputation for a high certification rate and excellent quality instruction.

Staff:

  • 2 Instructors
  • 3 Lab Technicians
  • 1 Admissions Assistant
  • 1 Receptionist/File Clerk

Upgraded building with high-quality fixtures available for purchase with the sale of the business.

Buyer Skills and Requirements:

The owner is willing to train for 4 weeks/30 hours per week. Additional consulting hours can be negotiated.

The owner is actively running this business and the buyer must be willing and capable of learning to run the business.  The owner does not necessarily have to have direct experience in welding, but they must be willing and capable of learning the operational aspects of the business.  This is not a passive owner business.

The owner has an AWS Certified Welding Inspector and AWS Certified Welding Educator.  To continue providing AWS on‐site certification, a buyer would need to become an AWS Certified Welding Inspector or hire an AWS Certified Welding Inspector.

Reason for Selling:

The owner is pursuing other career interests that do not compete with this business.

 

Inquiries from principals only

Financial Summary

Summary 2019 2020 2021
Revenue $583,388 $799,804 $1,190,249
Cost of Goods Sold $0 $0 $391
Gross Margin $583,388 $799,804 $1,301,199
Operating Expenses $453,998 $701,704 $678,306
Net Profit $129,390 $98,100 $622,894
EBITDA
Owners Benefits $99,520 $287,952 $128,508
Discretionary Earnings $228,910 $386,052 $751,402