This family-owned business, which started in 2010, offers a unique service that sets it apart from its competitors in the industry. Please feel free to inquire, and we will provide further details.
They have defined Standard Operating Procedures that allow them to easily manage the process from inquiry to onboarding the client, finalising the submission, and collecting payment, either through upfront payments, deposits, or collection on success, depending on whether the client meets certain credit requirements.
They have three operating entities, each structured so that each family member who is also a director and shareholder is protected should the other family member no longer be able to run their side of their business or pass away. Each company has its own specific role, but also supports the other two and this supportive role, sharing and collaboration of resources and expenses, is what really contributes to the overall success of the business. They have also ensured that revenue remains under the threshold in each entity to keep things simple.
They have less than 1% market share, and there are limitless growth opportunities. They are selective about which clients they onboard and could easily double turnover should they decide to enter a portion of the market they do not currently service.
This is a work-from-home opportunity. They operate from their residence, which has been specifically converted to accommodate the business. The property is for sale in a separate transaction. The business can be relocated, but it should be kept in mind that they do have some key personnel who may not wish to relocate to an area too far away.
The owners wish to retire to the coast. They play key roles in the business, specifically managing complex cases and the sales process. They will remain on for a negotiated period to facilitate an orderly handover. Any buyer would require the necessary qualifications to be registered as a Tax Practitioner.
The business asking price is R6,500,000.00 negotiable and Sellers' Discretionary Earnings out of the business is R 2,305,605.00 per annum, giving an ROI of 35% and a payback period of 33 month.
Please note upon inquiry you will be mailed a Buyer Profile and Confidentiality that has to be completed IN FULL and returned before we can provide further information. Please do noy inquire if you are not prepared to disclose personal Financial information.
