Sold! Tax Accounting Business, Southern Sydney
Business Sold BS151138 BS151138, Sydney, New South Wales 2000
Business Category Accounting
SOLD
Description
Sold! Tax Accounting Business, Southern Sydney
Business ID: BS151138
$390k revenue 2022. Earnings to owner $242k in 2022 with minimal hours spent in office. Good client spread - Companies, Individuals, SMSF & Trusts
The purchaser of this business would need to hold a Tax Agents Licence and is a pre-requisite of further information being provided.
There are approximately 230 tax clients at present, most clients are within a 10 km radius of the accounting office.
Top 10 business clients are in Medical, Engineering, Childcare and Pharmacies.
There is an excellent office space in a quality southern Sydney suburb with a new lease available on good rental terms.
-Loads of potential for growth
-Business established over 20 years
-Owner working up to 10 -15 hours per week
-Excellent location with good exposure
-Quality long standing clients
-High percentage of recurring revenue
-Ideal bolt-on business model
-Good spread of clients
-Opportunity to increase services
The present owner would offer a one-week training period after settlement and then offer on-going support as a part-time consultant if required.
The business in its current state without any increase in advertising or sales based on the performance of 2022 should provide income for the owner/operator of approximately $240k (according to information provided).
The business is an excellent opportunity for a similar style business to bolt on to their existing operation and recognise immediate growth. It could also be an excellent purchase for a first-time business owner who holds a tax agent’s licence.
Asking Price: Sale price $450,000 includes all assets and goodwill.
Property Code: 2947
$390k revenue 2022. Earnings to owner $242k in 2022 with minimal hours spent in office. Good client spread - Companies, Individuals, SMSF & Trusts
The purchaser of this business would need to hold a Tax Agents Licence and is a pre-requisite of further information being provided.
There are approximately 230 tax clients at present, most clients are within a 10 km radius of the accounting office.
Top 10 business clients are in Medical, Engineering, Childcare and Pharmacies.
There is an excellent office space in a quality southern Sydney suburb with a new lease available on good rental terms.
-Loads of potential for growth
-Business established over 20 years
-Owner working up to 10 -15 hours per week
-Excellent location with good exposure
-Quality long standing clients
-High percentage of recurring revenue
-Ideal bolt-on business model
-Good spread of clients
-Opportunity to increase services
The present owner would offer a one-week training period after settlement and then offer on-going support as a part-time consultant if required.
The business in its current state without any increase in advertising or sales based on the performance of 2022 should provide income for the owner/operator of approximately $240k (according to information provided).
The business is an excellent opportunity for a similar style business to bolt on to their existing operation and recognise immediate growth. It could also be an excellent purchase for a first-time business owner who holds a tax agent’s licence.
Asking Price: Sale price $450,000 includes all assets and goodwill.
Property Code: 2947
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