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Reference: Property Services

ID: MV0392

High Growth Property Services Business

Australia

Provides property services for residential and commercial properties. Sales are $5.4 million and EBIT of $1.8 million in FY22 and project to grow to over $2.5 million in FY23

Reference: Property Services

ID: MV0392

Register Interest
Growth:
50%
Revenue:
$5.4m
Profitability:
33.3%
Leverage:
0%

Location

The business is not required to operate from any physical premises as its services are provided in the field

Business Description

Provision of property services to residential and commercial property owners

Financial Summary

The business is forecast to grow to $3.5 million EBIT in FY23 and $7.6 million by FY26 a compound growth rate of 39.3% per annum

Investment Rationale

    ● High service and customer satisfaction rating
    ● High margin business generating EBIT margins of circa 33.0% +
    ● Growing at greater 50% per annum
    ● Sources over 75% of its business from referral partners and former clients
    ● Invested over $1.0 million on technology and business operation systems
    ● Run by a professional management team independent of the current ownership

Customer Overview

Services are provided to residential home and commercial property owners

Transaction Information

The business is under management and current owner is looking to sell to pursue other business interests

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