Sold

Highly Profitable Compliance Company

SOLD

Proudly New Zealand owned and operated, this Auckland based business is a structured, hugely profitable, systems driven, reputable company servicing a niche growth industry.

Consistent annual growth and profitability
2019 Cash Surplus or *EBIPDT = $1.239M
2020 revenue and profits to increase substantially due to industry change
Niche industry with large barriers to entry, serving a huge growth market
Vast client base, servicing New Zealand s premiere blue chip companies
Secured Clients requiring annual auditing
Vendor willing to stay within the company

Established in 2005, this compliance service business is a highly profitable industry leader offering a dedicated compliance service with an in-house team of experienced Certifiers. Since its formation, the Company has grown year upon year (11.5% on average for the last 5 years) providing services to well over *3,000 organisations, both large and small, across New Zealand.

Servicing some of the largest companies in the country, the business has built a well-respected name in the market place. With established systems and trained staff, the company can capitalise on the growing industry demand. 2020 FY revenue and profits are expected to increase exponentially with a recent change to legislation that affects up to *30% - 40% of their existing clients auditing requirements.

The investment is very secure as the industry is niche, and somewhat protected with difficult barriers to entry. Once clients are secured they are then locked-in to an annual service and to top it off, the vendor is willing to stay within the company offering even further security to the purchaser.

Enquire now to learn more about this phenomenal opportunity.

ASKING PRICE: $4,495,000.

*Source: Information supplied by the Business Owner or the Owners Agent(s).

To learn more visit www.barkerbusiness.co.nz/BBS2528, register your
details and submit the online Confidentiality Agreement and Alan will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Details

Region Auckland
Price SOLD
Business ID BBS2528
Category Professional

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