Tennant Security Service

$990,000 + SAV (40% ROI on 2023 Financials)

Embark on a lucrative opportunity with Tennant Security Service, the Barkly Region's premier security provider. With over $1.5 million revenue in 2023FY and over $400k PEBITDA, this thriving business is offered at $990,000 + SAV (40% ROI on 2023 Financials).

Established in 1981, Tennant Security Service has solidified its position as the sole locally based security provider in the region. Serving a diverse clientele including Public Companies, Government Departments, Indigenous organizations, and Community & Sporting Organizations, the business boasts a significant level of qualified local staff.

Key highlights:
* Over $1.5 million revenue in 2023FY with over $400k PEBITDA.
* Limited competition due to geographic and incumbency barriers.
* Full complement of locally based 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.

Rarely does an opportunity arise to acquire over four decades of goodwill and client relationships. With exceptional growth prospects and limited local competition, Tennant Security Service is primed for continued success. Contact Andrew Hahn at Territory Business Sales on 08 8941 3000 or email andrew@tbsav.com.au for further details.

Note that images used may not be of the business itself and are used for illustrative purposes only.
Territory Business Sales & Valuations Licensed Agent AL1041, 19 Smith Street, Darwin