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SOLD! Professional Online Service Business with Strong Growth History

SOLD! Professional Online Service Business with Strong Growth History
FY2018 Sales in excess of $1 million with Income to Owner of $170,000 Sale Price $230,000

Business Sale Price:

Business ID: BS141333
Location: Melbourne
Type: Service

SOLD

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SOLD! Professional Online Service Business with Strong Growth History

The business specialises in generating online leads and securing orders from new and existing customers within a niche market segment. The actual services are delivered by qualified parties as sub-contractors, with the business retaining 40% to 50% of the revenue generated from each order. Its current customers are mainly in Melbourne and Sydney.

BUSINESS HIGHLIGHTS

  • No previous industry knowledge is needed as training will be provided
  • No IT or technical skills required to maintain the websites as these are outsourced
  • Business can operate either from a home or an office environment with reliable broadband and mobile access for websites, email, SMS and phone call
  • With the focus on providing a prompt and quality outcomes, the business has achieved in excess of 80% annual revenue growth for the last 2 financial years
  • Growing percentage of sales generated from existing customers
  • Profitable business model with further scope to expand across Australia
  • Business is systemised with documented procedures
  • Operating only 5 days per week during business hours
  • Business can be operated by a full time person supported a part time person at its current workload.
  • Current owner works 2 to 3 days per week as he has other business commitment. There are 2 part time employees working in the business during the week.

Training and support will be provided to new owner to ensure smooth transition.

Due to the need to relocate overseas for family reasons, the owner has decided to sell this business. This offers a fantastic opportunity for the right person to secure a quality business that ticks a lot of boxes at a very attractive price.

The business will benefit from an owner/manager willingness to step in and build on the foundation to take it to the next level. The new owner has the options:

• Grow the business by increasing the geographical coverage beyond its current locations
• Extend operating hours to 24/7 beyond its current operating hours (8 to 10 hours during weekdays)
• Take the proven business model and apply to other market niche
• Develop the business model further into a franchise

Asking Price: $230,000.The owner has priced this business to sale quickly so that he can proceed with his move overseas.

Details

Subheading : FY2018 Sales in excess of $1 million with Income to Owner of $170,000 Sale Price $230,000
Business ID : BS141333
Search Locations : Melbourne
Search Type : Service
Price Range : $1 - $500,000
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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