- Advert ID: 571376
- (Seller ref: 3259PS)
Partnership In Accountancy Practice For Sale
SOLD (Subject to Contract)
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Summary
- Asking price:
- £90,000
- Sales revenue:
- £300,000
- Net profit:
- < £100k
- Years established:
- 7
- Employees:
- 7
Business description
Founded in 2001 by the two current owners, the business provides accounting services for small and medium sized enterprises, in addition to a specialist market niche in which it is a national market leader. One of the owners now wishes to retire and therefore 50% of the shares in the limited company are offered for sale.
The business provides the following services:
• Outsourced Accounting
• Book Keeping Services
• Consultancy Services
• Management Accounting Services
• Contract Accounting
• Year End Accounts
• VAT Consultancy
• Budgeting
• Workshops
Additionally this represents an exciting opportunity to be trained in a specialist niche market, which is anticipated to grow significantly over the next few years.
Property information
- Property:
- Leasehold
- Location:
- The business operates from attractive offices in a rural location which is convenient for the M4.
Other information
- Expansion potential:
- There is plenty of scope to grow market share in the local SME market. The specialist niche market is anticipeted to significantly grow over the coming years.
- Competition / Market:
- There is plently of competition in the local market aimed at SME's. In respect of the niche market the practice is a market leader from a national prespective.
- Support & training:
- One director will remain and the retiring director is happy to hand over work over a period of time
- Reasons for selling:
- Retirement
Contact the seller
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