Pre-Eminent Private Investigation Business For Sale

Business description

A rare opportunity exists to acquire Sydney’s pre-eminent Private Investigation Business. Based in Northern Sydney, but operating on a near national basis, the Vendor has built an enviable track record, built on the principles of integrity, quality and efficiency with clients and staff alike. Importantly, for the new owner, the Business carries no significant principal key man risk.

The core business of the firm is insurance investigation (Factual 60%, Surveillance 40%) servicing a range of blue chip clients comprising Australia’s biggest Insurers, major self Insurers and corporations, government authorities and their solicitors. The key client relationships are cemented by long standing service agreements.

The Business operates highly efficient, streamlined processes for information flow, quality control and service delivery, from investigator to client, with very low overheads and virtually no reliance on the Principal for in-house management or key client relationships. Factual investigations are undertaken by a mix of employees and subcontractors, while surveillance is conducted entirely by subcontractors.

The key features of this offer:
• Pre-eminent industry position and premium service offering
• Operating over 25 years
• Sydney based, with national coverage
• Service agreements in place with a blue chip client base
• Streamlined, process driven operation and very low overheads
• Projected 08 Turnover $1.7m
• Net Profit to the Owner projected to be 25%
• High growth trajectory, 13 % increase over last year, with very high on-going potential.
• No significant key man risk

Revenue continues to grow strongly, continuing the trend from recent years, with the operational platform in place to continue this growth and expand into a number of untapped growth segments.
Having owned the Business since inception the owners are shifting their focus to other business ventures but remains very keen in assisting a new Owner in the transition of clients and operations. This exceptional operation would suit an astute investor, professionals with complimentary involvement, or owner/operator.
To receive additional information on this business, please contact us below.

Property information

Real Estate:

Lease

Lease terms:

There is currently a three year lease in place for the premises, expiring January 2011, which could sublet if the business was relocated. Rent is $51,817 plus outgoing.

Location:

The Business is located in a modern office complex in the Northern Suburbs of Sydney, but could be easily incorporated into an existing operation.

Other information

Expansion potential:

Growth potential
The Business strategy over the last five years has been to focus on, and specialize in work predominately for the insurance industry. Following this path, revenue has continued to grow strongly and it has arguably become the leading service provider in this market.

The opportunity now exists for an investor or an astute operator, potentially from a legal or commercial background, to continue to maintain the growth trajectory of the current strategy and dramatically enhance it by diversifying into other revenue streams. Potentially, this can be achieved by employing the existing operational structure and without expanding the fixed cost base.

Potential client segments identified for growth:
• Large Corporations
• Statutory authorities
• Lawyers
• Insurers and management agencies
• Self Insurers
• Domestic clients
• Security
• Risk services

Competition / Market:

Clientele The business has developed an established and loyal client base, which has been won under formal tender processes or from the exceptional reputation of the Business. The key clients operate under long standing service agreements without relationship risk. Key client types include: • Insurance companies • Corporations • Self Insurers • Lawyers / Solicitors • Private Individuals • Government Agencies

Reasons for selling:

Having owned the Business since inception the owners are shifting their focus to other business ventures but remains very keen in assisting a new Owner in the transition of clients and operations. This exceptional operation would suit an astute investor, professionals with complimentary involvement, or owner/operator.

Furniture / Fixtures value:

$92,500 (included in the asking price)