LMS Administrator contract for sale–$457K guaranteed rev-100% remote
Business Description
Seeking an experienced LMS (Learning Management System) administrator or eLearning firm interested in buying out a contract providing LMS support services to a corporate client. The contract will generate guaranteed gross revenue of $457k over the next 2.5 years and will auto-renew in April 2029. Additionally, the seller will transfer ownership of the LMS account, which means the buyer will own all of the client’s data and historical records. This arrangement ensures that the client automatically renews, as they have for 10+ years, as changing to a different provider would mean the client loses access to all of their users contact information and learning data.
The current administrator spends 5-10 hours a week assisting the customer. This is the sale of the contract only, not the full business. Cash only, as this transaction won’t qualify for financing. ***Must have experience working with Learning Management Systems.***
Services provided to the client include managing learner accounts, assigning courses to designated roles and groups, assisting in uploading learning content, troubleshooting technical issues and providing support to client administrators, generating reports regarding LMS usage, learner performance, course activity, and learner/course data, collaborating with instructional designers and IT staff, and advising the client on changes, new features and updates to the LMS platform.
The current administrator spends 5-10 hours a week assisting the customer. This is the sale of the contract only, not the full business. Cash only, as this transaction won’t qualify for financing. ***Must have experience working with Learning Management Systems.***
Services provided to the client include managing learner accounts, assigning courses to designated roles and groups, assisting in uploading learning content, troubleshooting technical issues and providing support to client administrators, generating reports regarding LMS usage, learner performance, course activity, and learner/course data, collaborating with instructional designers and IT staff, and advising the client on changes, new features and updates to the LMS platform.
About the Business
- Years in Operation
- 18
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Opportunities for Growth
- The new owner can provide project management services for two upcoming integration projects between the LMS and other platforms. These are expected to take place in the next 6-12 months and the price will be set by the buyer. They are expected to generate an additional 30-50k in revenue per project.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller will provide two weeks of training and be available for consultation after the sale.
Listing Info
- ID
- 2488220
- Listing Views
- 285
Listing ID: 2488220 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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