This Technology Finance Company has been established for 20+ years and has multiple sites in NSW. Same management for 12 years. Revenue from the last financial year was above $16m. 1500 Active clients
This Technology Finance Business operates from Sydney and NSW regional however has agents nationally.
Join with management to complete the sale of this well established business. Call for complete details
This technology Finance Company operates with 30 staff
Reason for Sale
The current owner wishes to retire and management are ready to purchase circa 25%
About the Business
Ray White Business Sales Sydney is proud to have been appointed exclusive selling agent for this Large Technology Finance Company.
This Technology Business has been established more than 20 years and currently operating multiple locations within Australia. The business has been under current management for more than 12 years.
The current revenue of the business for the last financial year was above $15m, earnings from revenue approaching 20% with 50% of earnings recurring/contract.
The technology finance company has a large client base of 1500 active of which are all contract based clients.
Expressions of interest at $13m to complete with management in place. Current return is showing 18% pa subject to final purchase structure.
Key Points Summary:
• Print Management / Technology finance
• Turnover approaching $16m
• B2B only
• 50% of income is recurring / contract based
• 3 sites
• Staff approx 30
• Established >30 years
• Under management >10 years
For more information, contact exclusive agent Matthew Holland, director at Ray White Business Sales Sydney on 0425 223629.
This is a confidential Sale - All parties will be required to complete an NDA before the release of any information. Sale will be conducted via the Ray White Business Sales Data room.
*The above images are stock images and do not represent the office building or layout in any way.
Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.