MARKET RESEARCH BUSINESS (SYDNEY BASED) + LARGE HEALTHCARE PANEL
After over 30 years of profitable operation, the owners of this business are retiring and putting the business on the market. It is a profitable business, built on partnerships with global market research organisations in the USA, UK, EU and Asia.
The Group has been providing unique combination of marketing and market research to Australian and global clients.
The key opportunities would ideally suit:
- A Global Market Research agency that currently does not have healthcare coverage in Australia – the 11th largest world economy. Most global studies by Pharma companies require Australia, so ownership of an Australian business and Panel should enhance their opportunity to win the all-countries project.
- A market research company with General Public and or Business/IT Panels who would be an easy fit to add a profitable, operating Healthcare business to their organisation. Their existing office, staff and other facilities should cover any new requirements.
- Uncertainty in other countries politically and with trading conditions would be able to establish a profitable branch in Australia.
We are offering an established, profitable, growing, global business for sale as well as a panel of 25,000 + Healthcare Professionals with emails
The group has been providing a unique combination of marketing and market research to Australian and global clients.
The group was founded in 1981 and is: –
- Independent and privately owned in Australia.
- All projects are completed in–house with no sub-contracting.
- This group were early adopters of online market research including an online political poll for the 1996 Federal Election, probably the first online poll in the world.
- They adhere to the privacy laws including European General Data Protection Regulation (GDPR), the Australian Privacy Laws and the scope of the ICC/ESOMAR code
Profits and income have been growing, making high Gross and Operating Profit margins from the company’s Online research and TDI/IDI services.
Quarterly profit for the first 3 months of 2020-2021 is almost double the same 3 months last year, despite the corona virus economic disruption in mid-2020. Margins are again significantly higher from the Internet based business.
The owners are retiring after almost 40 years managing and establishing a strong client partnership base which will be passed on to the new owners.
This is an opportunity to acquire an established, growing profitable business, with global clients located in the fastest developing region in the world. It is an obvious fit with Market Research professionals looking for an established operation in Sydney, Australia with a secure and stable trading environment. As an Internet based business, the location can be elsewhere.
For more information please contact Tom Cimino at [email protected]
- Current Status: Listed for Sale
- Code: TC 101
- Category: Non Food
- Type: Market Research
- Location: Sydney
- Sales: $408,081
- Period: Annual
- Net Profit: $236,090
- Rent: $22,300
- Stock: N/A
- Price: POA
- Long Financials: Financials for approved buyers.
- Staff: 1 full time + casuals + 1 owner manager
- Lease: Month to month