NEAP P/L, Carlton, VIC 3053

- Highly regarded business
- In operation for over 30 years
- Diverse revenue stream
- Stable cashflow
- Opportunity for growth

NEAP (National Educational Advancement Programs) is a privately owned educational publisher and education services provider. The business primarily operates in the Victorian and New South Wales senior secondary school markets.

NEAP was established by the current owner in the late 1980s and has been providing high quality educational resources to both secondary students and teachers for more than 30 years. The business is widely respected within the education sector; primarily in Victoria and New South Wales but also other states throughout Australia.

Through its unique education model, NEAP utilises a network of approximately 100 experienced teachers to produce high quality education resources in the disciplines of business studies, English, mathematics and the sciences. NEAP's three principal activities include the publication of teacher resources, revision and examination and study guides for students as well as delivery of a variety of student lecture-style preparation and revision programs.

The business has a diversified revenue stream across teacher resources, study guides and programs plus stable cash flow with recurring annuity copyright revenue for works primarily copied within schools. Teachers copy work mainly from NEAP's trial exams and other testing material and continue to do so many years after the initial publication date.

There is significant opportunity to further grow the business with the placement of a sales executive in NSW. NEAP is a Victorian based company with no staff currently located in NSW. Whilst NEAP's teacher resources and study guides are sold in NSW, a significant opportunity exists for incremental sales to be achieved across diagnostic topic tests, trial examinations and study guides plus the implementation of revision lectures currently only held in Victoria.

This is a fantastic opportunity to acquire a highly regarded business in a specialised industry with a stable client base. The business has demonstrated consistent revenue performance and would be well suited to an owner-operator with a keen interest in education and/or publishing. Property ID: #VRN2922