Business Sold BS146521 BS146521, Canberra, Australian Capital Territory 2600
Business Category Computer IT Hire Services
SOLD
Description
Sold! Off-site Editorial Services Providing Writers, Editors And Indexers
Business ID: BS146521
Servicing Government and blue-chip corporations since 2003. High Growth, Low Overheads, High Margin. Adjusted Profit $876k+ Sale Price $2,200,000
This high-growth, low-overhead, high-margin, flexible, and global business focuses on a niche in the recruitment and labour-supply market for writers, editors, and indexers.
The business operations are entirely cloud-based with a full-time operations manager working from the Philippines and the owner working from home in Australia. The owner works approximately 2-4 hours per week.
The business has enjoyed strong growth over recent years and the results for the last 12 months show turnover of approximately $1.9m and net profit to owner-operator of over $876k.
-Successful business established almost 20 years ago
Increased profits by 170% from 2021
-Focused on successful niche in the recruitment market for writers, editors, and indexers
-Rapid growth in sales over last 5 years to 2022 (Excepting 2021 COVID impact)
-Strong results for 2022 returning from 2021 COVID impact
-High consistent net profits
-Signed 3-year Master Services Agreement with main client this year
-Business effectively runs under management with owner involvement approximately 2-4 hours per week
-All business operations cloud based; Full-time manager working from Philippines
-No business premises. Can be run from anywhere.
-Quality systems, processes and work methods guarantee standardised and efficient quality
-Excellent reputation for quality and delivery
-Substantial growth opportunity to build on the reputation and expand services to recognised market leads
The owner will provide adequate training and business handover period for the purchaser, based on the purchaser’s needs, and negotiated during the sales process.
This business is ideal for a recruitment or communication company that can continue the present growth and leverage the additional opportunities that increased resources on marketing can realise, or a buyer wishing to enter a new industry looking for high profit, low time involvement business with scope for growth.
This will sell fast, don’t miss out!
Asking Price: $2,200,000
Property Code: 3007
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This business is somewhat unique and has no similar competition in this region, category or price bracket.