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

Similar Businesses For Sale


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


Contact Seller
Xcllusive Business Sales

Bsale ID: 594173
Broker REF: xcllusive_49_140

Xcllusive Business Sales Pty Ltd