One of our finest businesses on offer, SerronCybercentre provides serviced offices, boardroom and meeting room hire, and virtual office services to a well-established customer base of government and commercial clients.

A solid reputation has been built since operations began in 2002 thanks to a well-targeted online marketing campaign with fully optimised website (www.serron.com.au) which has resulted in the serviced offices being completely booked out with 12 month licenses. That also means consistently high profit margins with resilience to economic downturn – revenue fell only 16% over the GFC and profits remained healthy.    

That’s not to say there’s no potential for growth; the virtual office services are a perfect area for growth which would not require further capital investment on infrastructure. Further promoting the hiring of boardrooms is another such area. Plenty of free parking surrounds the property, a further plus for your staff and clients.

The business operates 9am to 5pm weekdays and employs two full-time staff: a receptionist and an administrator. A part-time bookkeeper works 8 hours/week, and the present owner devotes between 10 and 12 hours for supervisory tasks, dealing with malfunctions, and meeting clients. The sale is due to the owner retiring.

Asking price $440,000

Financials:

• *  Sales income in 2010 of $290,791
• *  Divisional profit of 21.95%
• *  Owners earnings (PEBITA) consistently above $100 000 for the last six years, once breaking $200 000
• *  $9000 monthly rent (last financial year). Further 7 + 7 year lease available

If you are interested in this business, please use the ‘enquire’ form on this webpage or alternatively register your interest via email to sales@capitalcommercial.com.au – our friendly sales team will be more than happy to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue to guarantee a timely response, however we are also contactable by telephone on 02 6253 4664.