Tennant Security Service For Sale For $A990,000.
Tennant Security Service For Sale – Tennant Security Service is for sale for $990,000, considerably less that 2023 EBIT of $A1.5 million, with a yield of $400,000 PEBITDA – around 40 per cent ROI.
Established in 1981 at Tennant Creek in Australia’s Northern Territory, Tennant Security Service has solidified its position as the sole local security provider in the region offering security installations, monitoring, guards and patrols, as well as locksmithing services.
The customer base includes public companies, government departments, indigenous organizations, and community and sporting organizations and the business boasts a significant level of qualified local staff. According to the broker it’s rare that an opportunity arises to acquire over 4 decades of goodwill and client relationships.
Tennant Security Service For Sale Highlights
- Over $1.5 million revenue in 2023FY with over $400k PEBITDA
- Limited competition due to geographic and incumbency barriers
- Full complement of local and registered staff
- Exclusive local presence in the Barkly Region
- Promising growth opportunities with the Beetaloo Basin gas field expansion
- Impressive 43-year trading history
- Additional services include basic lock services, sales, and key cutting
- Diversified customer base spanning small & large businesses, government, community groups, and indigenous organizations
- Comprehensive handover and training provided for seamless transition.
This is an opportunity to acquire over 4 decades of goodwill and client relationships. With exceptional growth prospects and limited local competition, Tennant Security Service is primed for continued success.
You can learn more from the broker here or read more SEN news here.
“Tennant Security Service For Sale For $A990,000.”
