Price
$148,000
Profit *
$120,000
Sales Revenue
$185,000
Location
Hawkes Bay Region, Hawkes Bay
Category
Professional, Accounting
Listing #
EL01721
Disclaimer: Please note for confidentiality purposes this business has been listed under the LINK office address.Further details on this business's location will be provided on application.
Established 38 years this practice offers an excellent opportunity for an accountant to start a practice with a book of fees or an established accounting firm to add to their existing client base and benefit by economies of scale.
Currently filing 300 returns, the majority of clients being long term.
Vendor reports Income of $185,000 pa with an Owner's Cash Surplus of $120,000 pa
Retiring vendor would ensure a smooth and seamless transition to a new owner.
Strict confidentiality applies and further information will be released on the signing of a Confidentiality Agreement.
Asking $148,000.
Be quick for this opportunity. Contact Graham now.
Reference: EL01721
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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