SOLD! Accredited Professional Service Business with a Social Conscience – VIC

The business was started in March 2020, just prior to the nationwide COVID restrictions introduced across Australia. Working throughout the restrictive trading conditions since then, the owners have invested substantial effort and resources to set up a solid foundation for the business.

Main services include social procurement, recruitment, employment pathways for the disadvantaged, document management including digitisation services and OCR/RPA software implementation, and management consulting.

As a social enterprise, it has been set up to fulfil a strategic gap often needed by service providers to meet the social procurement framework obligations set by Local, State and Federal governments. It accesses clients by being the social procurement partner for the lead contractor on major projects/contracts, then upsells into that client through document management, consulting and recruitment solutions.

Highlights:

• First full-year trading revenue from FY2021 in excess of $220,000 with a growing pipeline
• Substantial investment in time and effort to gain accreditation as a social enterprise with Social Traders, registered NDIS Service Provider, authorised Labour Hire & Recruitment Agency (Victoria)
• Qualify VIC State Government E-services Panel Member to participate in Vic State Procurement Request for Tender
• Partnership with leading global technology providers to offer document digitisation, data capture, and process automation for complete document life cycle services
• Meet Public Records Office of Victoria (PROV) standards in digitisation quality
• Strategic partnership with major service providers as partners or sub-contractors
• Benefit from potential employment subsidies due to accreditation

The business will benefit from a group/owner/manager who can step in and build on this foundation. The new owner has the option to:

• Have an immediate foothold in a growing Social Procurement/NDIS market complementing its existing offerings.
• Access large government and enterprise deals as a social procurement partner sub-contractor.
• Market digitalization and data capturing services with the upsurge in organisations requiring digitisation services, driven by the COVID-led transition to staff working from home where they need to access documents usually stored in the office.
• Gain access to direct procurement events only available to Social Enterprises and NDIS providers.
• Leverage all accreditations.

The Directors have spent close to $450,000 and 18 months to develop the service offerings and meet the standards needed for key accreditations. Due to changes in circumstances, they have decided to exit this business, offering a unique opportunity to a new owner.

Offers are invited from parties to buy and take over the business in its current form as a going concern, and in a timely manner as is agreed.

FOR SALE BY EXPRESSION OF INTEREST.

CLOSING DATE 2 AUGUST 2021 (5 pm).

Contact Xcllusive Business Sales for further information.