Accounting & Bookkeeping Services

AU$SOLD
March 8, 2017

Description

Business Overview
This thriving Townsville small business was established in  2011 and provides the following services:

  • Accounting services
  • Bookkeeping services
  • BAS Agent services

Whilst the business is operated from a home office, the majority of the work is undertaken at clients’ offices, and any remainder is handled in the home office.

Clients
Starting with only a handful of clients in 2011, the business has grown each year and now has in excess of 55 clients. The clients vary in type and frequency eg weekly, fortnightly, monthly and quarterly.

Employees & Hours
The vendor is an accountant and Registered BAS Agent and works full time in the business. The business engages 2 part time employees and mainly operates on a Monday to Friday basis.

Profitability
Excellent net profit levels are being achieved by the business. For the 12 months ended June 2016, the business earned a net profit of over $100,000. For the 6 months ended December 2016, the business had already achieved a net profit of over $80,000.

Advertising & Referrals
No advertising at all is undertaken by the business. All work comes via the excellent referral relationship the vendor has established with local accountants, and word of mouth from happy clients.

Handover
The vendor is willing to offer an extended handover period of up to 3 months to ensure an easy and non-rushed handover to the new owner.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Excellent return on investment
  • Very well established
  • Easy to operate
  • Can be run from the comfort of a home office
  • Excellent referral relationship established with local accounting
  • Room to expand (no advertising has ever been undertaken to grow the business)
  • Quality clientele

Price
This accounting and bookkeeping services business is being sold on a walk in walk out basis for $175,000.

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au

Location

Location is not the exact address of the listing