Niche Financer & Technology Asset Manager/Vehicle Leasing & Finance + IT Disposal Company


Niche Financer & Technology Asset Manager/Vehicle Leasing & Finance + IT Disposal Company

Independent Business Canberra 2600, ACT By Negotiation

Business opportunities such as this don’t come around very often!

This is an exceptional opportunity to purchase one of Canberra’s leading and independently owned IT/Vehicle Leasing & Finance Companies, assisting both the Government and Private Sector in financial structuring across Australia.

In operation since 1998, the business continues to thrive with increases in profits year after year making it a highly profitable enterprise.

The business is a vendor independent leasing specialist and works with clients to provide innovative and flexible financing programs for the acquisition of IT, vehicles and other business equipment across a range of industries.

Government Agencies make up the bulk of their long-term contracts, bolstering their substantial yearly profits, with many other clients such as small businesses, schools, associations and public companies holding existing contracts.

The business also specialises in comprehensive financing solutions, IT asset disposal and residual value recovery for their clients.

A dedicated and highly experienced team of staff are all willing to stay on with the new owner if so desired, and the owner is also willing to stay on for a substantial period to ensure a smooth and effective transition of the business to the new owner. One vehicle is included in the sale.

After 23 years of dedication to the business that he built into what it is today, it has now come time for the current owner to move towards semi-retirement.

This business would be a great opportunity for someone looking to enter the Canberra market or industry. Or bolt this business onto an existing similar or related business/industry.

There is also an opportunity to purchase the premises at a price to be negotiated with the vendor if so desired.

Secure your future by making an enquiry TODAY!

Sale Price is by negotiation

* Profits just under $1m for the 2020 Financial Year are taken from the Adjusted Earnings Schedule as calculated from the owner’s available financials.

For more information about this exceptional opportunity please call Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au