Recurring Contracted Revenue - Dominant in the BOP

Tauranga

$2,250,000

Proposed Usage
Services
Description:
Property ID
1bz3by0

Recurring Contracted Revenue - Dominant in the BOP

We can't say too much as this opportunity is strictly confidential but it's safe to say this business is a well known local brand that you can't help but have interactions with, even if you haven't quite realised it.

This business has top quality clients spread across the Bay of Plenty and the number keeps on growing. Enjoying a reputation as a trusted supplier in the technology space, this business is deeply entrenched with the majority of clients, providing solutions right across their businesses.

A stable, high quality team of service providers and sales people are in place, with the current owner willing to provide an extended handover period or stay on as General Manager depending on the successful purchasers requirements.

Key considerations for you to consider:

* Multiple recurring revenue streams from hireage and servicing
* Long-term contracts
* Significant, diversified client base (1,200+)
* Solid growth trend, identified opportunities
* Flexible transition options available
* Current turnover circa $2m
* Current EBPITDA circa $600k

Price $2,250,000.

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