Sold

2014/15 Profits on track for Circa $800k

SOLD

A simple business to run in the NEW AGE of ONLINE MARKETING with options... 1. Invest 50% $1.15M into the business as a 50% shareholder, grow the business with the current owners & buy them out after 12 months (based on the same valuation method). 2. Purchase the Business outright; keep the vendors on for 6 months as paid consultants creating a safe & lengthy handover. This business specialises in online marketing, sales & people management & is positioned as one of the market leaders in the fastest growing sector of marketing in the world. Having adapted & expanded to meet current market demands, this dynamic company assists mainly SME business to succeed online as well as international & publicly (NZX) listed companies. EBPIDT is on track for circa $800K (based on actuals to Oct 2014) & the company's personal growth sits at circa 60% year on year, showing no signs of slowing! With just 7 staff (incl vendors) it's realistically forecasted (with no additional staffing numbers) to make in excess of $1.1M for the 2015/16 financial year. This could be well exceeded through employing more sales & account managers as well as multiple new add-on's (already in development) in house & externally. Supported by a strong, satisfied customer base, clients love this business as essentially you are making more money for them plain & simple. With many current customers stretching back to when it all began, many more are signing up weekly! Priced very reasonably, with huge potential for expansion in the market, smart money starts here. Asking $2.3 M based on the actual & forecasted EBPIDT returns of 2014/2015 ($800k) using a reasonable 2.875 x as a multiple. This business will sell like hotcakes so if you are interested & would like more information about it, visit www.barkerbusiness.co.nz, register your details & submit the online Confidentiality Agreement for reference #1776. Once Brett receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2015.

Details

Region Auckland
Price SOLD
Business ID BBS1776
Category Professional

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