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Newly Established Payment Services Company for Sale in Melbourne, Australia

For Sale: MSB (Money Service Business) with license to undertake inbound and outbound money transfer business in Australia.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services
Locations  Melbourne
Local Time 5:41 AM Australia / Darwin
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 32 thousand (Native Currency: AUD 50,000)
Reason: The intended business has changed along the way and will not require the licences. Hence we are look... View More
Interested to connect with advisors
Documents
Business Overview

- A money transfer business, based in Melbourne, Australia.

- Business is still in the pre-revenue phase and has not begun operations.

- Company has a license to undertake money transfer operations in Australia.

- We can send money from Australia to any country in the world, as well as receive money from any country to Australia.

- Company has 2 bank accounts - 1 in AUD and 1 in USD.

- Our company offers other services as well such as mobile and website development, but we will not be selling that part of the business.

- Business does not own any physical assets.

- Sale would include company, license and bank accounts.

- Owner is willing to represent as Australian director of the company if foreign buyer acquires the company.

Products & Services Overview

Independent designated remittances, remittance network provider, allows inbound and outbound remittances or money transfer services to and from Australia.

Facilities Overview

No office space available. Currently operating from home setup.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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