This business has been established for over 10 years with Head Office based in Auckland and offices in 3 other main centres throughout New Zealand.

Customers are a good mix of Blue Chip corporate, Government SOE’s and medium to large private companies. The company is in the process of releasing a further solution to the market that will allow SMEs throughout the country to be able to utilise the technology for a monthly investment. The company has a nice mix of revenue streams by offering actual product/service solution sales, managed service solutions via the Cloud and maintenance and support programs.

The company has a dominant position in its market, and a certified workforce and has built high margin solutions to enhance the supplier’s product set. As such it has a marked advantage over any current or future competitors who might look to enter this market space. The company is in a very strong position and has grown throughout the recession because their product and service offering has encouraged businesses to invest in this technology to enable them to be able to significantly reduce costs in other areas.

The reason for the sale is that the working director has in the recent past had heart issues that resulted in a quadruple bypass. To ensure a smooth transition he is willing to offer a new owner up to 12 months of continued service.

Please feel free to forward this e-mail to any interested party and should you wish not to receive any further emails from Switch Business please reply to this message with UNSUBSCRIBE in the subject line.

EBITDA: $1.644m 2008 Calendar year
EBITDA: $1.700m 2009 Calendar year
EBITDA: $1.951m 2010 Calendar Year (budget)
Nett Tangible Assets: $1.634m (including working capital of approximately $1.125m including inventory)

Asking: $6,000,000