

SOLD!!- FROM OUR LIST OF QUALIFIED BUYERS ON THE DATA BASE!- let us do the same for you – Provision of General Examination Management for Universities and other Institutions
The sale of this business represents a rare opportunity to acquire a highly profitable business in the rapidly expanding education, property and business services sector and who has developed a strong reputation for efficient, and outstanding service. It has a unique testing centre in Sydney which underpins the advantage of the business. It is a solid, profitable business with sound financials and tax returns over 20 years available to support the figures. Historical income in excess of $3.5 Million pa . Excellent staff, experienced and well trained with a wonderful work ethic. The owner will provide extensive training and support to ensure an effective and seamless transfer. There is a secure lease is in place for the premises. Annual average sales average $3.2 to $3.6 Million. The adjusted Net Maintainable Profit is in excess of $600,000 pa after all expenses and after remuneration package of $225,000 pa to the working directors ( 1 part-time admin).
- Current Status: Sold
- Code: RN 451
- Category: Non Food
- Type: SOLD
- Location: Sydney
- Sales: $3,500,000
- Period: Per Annum
- Net Profit: $610,000
- Rent: $253,000
- Stock: N/A
- Price: $1,950,000
- Long Financials: Historical financial statements and tax returns are available
- Staff: Owners plus 7 full-time staff plus casual invigilators
- Lease: 5 year lease to 2017