Sold! Tax Accounting Business, Southern Sydney

BS151138 BS151138, Sydney, New South Wales 2000

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Good client spread across various sectors
  • Excellent office space in quality suburb
  • Owner working 10-15 hours per week
  • High percentage of recurring revenue
  • Loads of potential for growth
  • Ideal bolt-on business model
  • Turnover: $390,000
  • Net Profit: $242,000
  • Rent/Lease: New lease available on good rental terms
  • Stock Value: Included
  • Established: Over 20 years

Business Details

Business Category Accounting

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

What's Nearby

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This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
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Bsale ID: 594173