Tennant Security Service | Import
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Tennant Security Service | Import

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Tennant Security Service

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Khoa Pham

Proudly listed by Khoa Pham

Broker Firm

Business Overview

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 commissioning. - 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

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Confidentiality Deed Poll *

BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
  • In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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