URGENT SALE – RTO Intellectual Property and Digital Assets of The Malka Group Pty Ltd trading as TMG College Australia (Administrator Appointed).

Business ID: XB158207

All Offers will be considered. Expression of Interest to close at 2 pm on Monday April 8, 2024.

TMG College Australia (the Business) commenced operating in 2005. The Malka Group Pty Ltd which now trading the Business, acquired it in December 2022 with over 30,000 graduates and 56 approved courses.

As an RTO, the Business offered a broad choice of courses for students beginning a new career, pursuing further education, or seeking professional development in emerging and traditional industries, namely, Business and Management, Hospitality, Aged Care, Childcare, Hairdressing, Beauty, and Information Technology Networking.

The website is https://tmg.xxxxx – TMG College Australia.

RTO Code: 21694

CRICOS Code: 03397E

Ivan Glavas was appointed as the Voluntary Administrator of The Malka Group Pty Ltd (Administrator Appointed) trading as TMG College Australia on 14 March 2024.

The Business ceased trading on 14 March 2024.

Included in the sale are:

1. Business Names

TMG College Australia plus 25 others.

2. Accreditations.

RTO Code: 21694CRICOS Code: 03397E

The purchaser will need to purchase the company through a Deed of Company Arrangement (to be provided).

3. Courses

56 Approved Courses in the categories of:

   -  First Aid

   -  Health Sciences

   -  Hair and Beauty

   -  Education

   -  Business Management

   -  Finance and Accounting

   -  Information Technology

   -  Law and Justice

   -  ELICOS

More details provided in the Business Profile

4.Premises

1/301 Flinders Street, Melbourne VIC 3000
The Administrator is willing to assist in facilitating an assignment of lease if requested and required by the Purchaser. This will be subject to the consent of the Company’s landlord.

5.Domain Name Email Addresses

tmg.xxxxx (registered with Education Services Australia Ltd) –
(ESA is a non-for-profit set up by education administers to collaborate with all Australian educational jurisdictions to develop and administer education technology platforms.)

6.Database/s

There were 170 students as of Feb 2024.
A hard drive is available which is to hold the details of the 30,000 graduates. TBC.

60+ Agents contact details.

There is an existing relationship with one recruiter who helped find work for students after they completed their studies.

7.Telephone Number

xxxxx

8.Logo

9.Website

Code and Hosting

Hosted by Education Services Australia Ltd.

10.YouTube videos

https://www.xxxxx@tmgcollegeaustraliartoid2164
154 subscribers and 43 videos

11.Social Media Accounts

Instragram 1,110 folowers

LinkedIn 2,678 followers

Twitter 280 followers

Facebook 5,500 followers

Facebook Pages 1

12.Trademarks/IP

No Trademarks / IP identified.

13.Stock

Minimal training materials and workbooks.

14.Staff

No staff are currently employed, and they may be contactable with permission. Details of roles etc when ceased trading can be provided.

15.Plant and Equipment

Details provided in the Business Profile

The Opportunity

By acquiring The Malka Group Pty Ltd trading as TMG College Australia (Administrator Appointed), the new owner has the option to either continue trading as is or bolt onto an existing offering.

The Business is FOR SALE by EXPRESSION OF INTEREST.

ALL OFFERS WILL BE CONSIDERED, TO BE FORWARDED to XCLLUSIVE BUSINESS SALES for consideration in the first instance.

CLOSING DATE Monday April 8, 2024, at 2 PM.

Contact Xcllusive Business Sales for further information.

The Administrator may request further information from interested parties before providing additional details on the Assets.

Property Code: 3860