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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What our clients say

"I can't thank you enough" - Geoff

"I can't thank you enough" - Geoff

After reaching out to you in a time of need, I can’t thank you enough...

"I couldn't have done it without you" - Jayne

"I couldn't have done it without you" - Jayne

I just wanted to send a quick note to say a massive thank you for everything...

"A Skilled Mediator Between the Parties" - Bridget

"A Skilled Mediator Between the Parties" - Bridget

We have the utmost confidence in recommending Bridget as a highly skilled...

"Jayne Gets My Full Recommendation" - Jayne

"Jayne Gets My Full Recommendation" - Jayne

  Jayne is hard worker and very professional. She was very responsive...

"Exceptional Dedication and Professionalism Through Every Challenge" - Alan

"Exceptional Dedication and Professionalism Through...

Thank you so much for your incredible dedication in working through the...

"Pleased to recommend his services" - Greg

"Pleased to recommend his services" - Greg

I recently worked with Greg on the sale of my accountancy practice, and...