Cape Town Bookkeeping And Accounting Practice For Sale

Business description

A successful franchised bookkeeping and accounting practice in Tokai, Southern Suburbs Cape Town. Well known brand amongst the large audit firms, as these firms outsource their small and medium client work to the franchise. Small and managable practice, currently with 5 experienced and qualified staff. Top end clients. Business will suit someone from the accounting and audit profession with the necessary experience. Full training of systems by franchisor and assistance to ensure a smooth and successful take-over.

Only bookkeeping, accounting and statuturory compliance services offered - we do not practice as accounting officers and neither are we registered auditors, as these services are provided by the audit firms who outsource us.

Our franchise is well known amongst the small and medium business sector. We are located all over cape town and the cape winelands.

Franchise terms

No additional franchise cost on sale of business. 10% monthly management fee on turnover less certain overheads per franchise agreement. New work referrals from franchisor, including advertising, branding, training, etc.

Property information

Real Estate:

Lease

Lease terms:

The franchisor owns the premises, and can negotiate a 5 year lease.

Location:

We are situated in the CBD of Tokai, within walking distance to several shopping malls, and within walking distance of the train station for staff, and close to the highway to Cape Town CBD.

Premises details:

81 square metre office space, including reception area, open plan office section for senior bookkeepers with 4 workstation area, fully equipped kitchen, separate office for owner and a filing room.

Other information

Expansion potential:

Can expand up to 8 staff members - currently there are 5.

Competition / Market:

There is no competition as this is a unique franchise in South Africa with a well established brand name in Cape Town.

Support & training:

The franchisor will train the successful purchaser on all of the franchises systems, as well as to work with the purchaser for at least the first 2 to 3 months to ensure a smooth and successful handover. The franchisor also gives training once a month at the franchisor's training centre for all franchisees and their staff. However, the purchaser must have the necessary experience and qualifications for this industry.

Reasons for selling:

Owner of the southern suburbs practice is also the franchisor, and wishes to focus and grow the franchise.

Trading hours:

08h00 to 17h00 Mondays to Thursdays.
08h00 to 16h00 Fridays

Furniture / Fixtures value:

R200,000 (included in the asking price)

Website:

www.ban.co.za