Price
$349,000
Profit *
Refer to Broker
Sales Revenue
$260,000
Location
Melbourne Region, Melbourne
Category
Professional, Accounting
Listing #
ME02827
On offer is a remotely operated bookkeeping services business established in 2012. It has developed a solid reputation owing to its integrative approach and attention to detail, resulting in the cultivation of its nationwide clientele. With its robust team, software in place and solid industry reputation, it presents an outstanding acquisition opportunity for BAS and Tax agents or small firms seeking to expand their client base.
*Income of circa $5K PW
*Fully remote operation
*Small team size; low overheads
*XERO, QBO, MYOB and other software in place
*Nationwide clientele
*Works in Progress included
Kristy Kolaitis and the team at LINK Melbourne are thrilled to present a well-established bookkeeping services provider in Melbourne.
Since its inception, the business has developed a nationwide client base owing to its reliable services, including Bookkeeping, BAS preparation and lodgement, payroll processing, superannuation lodgements, management reporting, EOFY preparation, financial software consulting and migration, rescue work, training and CFO services.
The business has also developed robust ties with tax accountants and has thrived with minimal marketing, relying on word-of-mouth from clients and business associates.
The current owner operates the business from her home, supported by a team of three long-term part-time staff members working remotely. As such, the business is enabled to maximise profitability with low overhead costs.
All of the business’s clients are under annual contracts and are charged either with a fixed rate, direct debit, or monthly payment in advance. With this, the business maintains a consistently positive cash flow.
In addition, the business is equipped with a comprehensive suite of monthly software subscriptions such as Xero, QBO, MYOB, Emp Hero and Fathom, as well as practice management software including Xbert, DEXT, Adobe, Slack, HubSpot and Ignition – enabling it to cater to its clients unique bookkeeping needs flexibly.
To learn more about this exciting business acquisition opportunity, give Kristy a call today!
Listing ID: ME02827
Broker: Kristy Kolaitis
Phone: 0421 136 415
Email: [email protected]
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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