Highly Reputable Video Production Business | Recurring Revenue

Sydney NSW
Asking Price $850,000
About
The opportunity is to acquire the business and assets of a Premium and Highly Reputable Video Production Business
with a growing customer base across Australia.
Successfully operating for 30+ years, the company has cracked the code to building and retaining its core customer base with annual contracts. This generates recurring monthly revenue, a steady work load with ongoing recession proof clients. With a clear niche the business is the go to provider in its space.


Stable longstanding track record with solid annual recurring revenue and multiple opportunities for growth


* FY2023 sales turnover $693+
* Adjusted EBITDA $399
* Annual Recurring Revenue generates 60% of income
* Established 30+ year track record with a highly regarded reputation for service and quality
* High levels of customer retention.
* Well defined customer niche with multiple opportunities for growth.
* Established team ready to continue providing the service
* Serves both retail and wholesale customers
* No customer or supplier dependencies
* Established systems and procedures in place
* Large database of customers & prospects
* Current owner retiring and available for handover and training
Ref Num: 21043
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