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Asking Price$1,900,000
Revenue$1,331,239 Established1972
Cash Flow$952,952 Employees9 full, 4 part
FF&E$61,022* FranchiseNo
InventoryUndisclosed RelocatableYes
Real Estate$0 Home-basedNo
* Included in Asking Price
Bioresearches Group Limited is a leading New Zealand consultancy that specializes in surveys of terrestrial, marine and freshwater aquatic environments. A small consultancy (9 full-time & 4 part-time) formed in 1972, that has participated in the consenting of numerous projects in New Zealand. The scientific staff are all graduates with specialist expertise in aspects of terrestrial, marine and freshwater ecology. The consultancy is involved in obtaining ecological information on "greenfield" sites for consenting purposes, assessing the impact of proposed developments on ecosystems, and monitoring the effects of existing operations (e.g. dairy, meat and timber processing, steel production, municipal wastewater treatment plants) on ecosystems. The scientific staff are experienced in producing impact assessment reports and providing evidence as expert witnesses at consent hearings. The consultancy is based in Auckland, New Zealand and has undertaken projects throughout New Zealand and the Pacific.
Facilities:Facilities include - two boats & motors (16' aluminum; 6.5m aluminum), electric fishing machine; computers - desk-top and lap-top; desks,ecological sampling equipment - nets, sound recorders, binoculars, cameras, laboratory equipment, remote recorders, fridges & freezers and software.
Competition:Competition comprises mainly biologists associated with consulting engineering or planning companies plus government agencies (e.g. NIWA). Future competition likely from single operators - scientists who have left government agencies or local councils
Growth Potential:Growth potential is excellent as this consultancy is a specialized consultancy and able to operate with other specialized consultancies (e.g. engineering and planning) ho do not have their own ecologists. Based in New Zealand, this consultancy is well placed to undertake work overseas in a very cost effective manner given the position of the New Zealand currency. Under the ownership of a party familiar with the overseas consulting environment, Bioresearches is well placed to participate in growth markets such as South East Asia - markets who will be increasingly required to implement environmentally sound controls on their developments.
Training/Support:It is the expectation of the existing owners that they will be available for a prescribed period, say in the order of 3-5 years, to assist the incoming owner to become familiar with the operation of the company, the existing staff and clients.
Seller Financing:No financing is being offerred by the sellers.
Sale Reason:The two principal shareholders are over 60 and wish to retire or reduce their involvement .
Ad #20384
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Dr Wayne Donovan
021 278 7660
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