Partnership in Accountancy Practice For Sale
Business for sale
Asking Price:
£90,000
Turnover:
£300,000
Annual profit:
50k to 99k
Audited accounts:
No
Management accounts:
Yes
Business description
Founded in 2001 by the two current owners, the business provides accounting services for small and medium sized enterprises, in addition to a specialist market niche in which it is a national market leader. One of the owners now wishes to retire and therefore 50% of the shares in the limited company are offered for sale.The business provides the following services:
• Outsourced Accounting
• Book Keeping Services
• Consultancy Services
• Management Accounting Services
• Contract Accounting
• Year End Accounts
• VAT Consultancy
• Budgeting
• Workshops
Additionally this represents an exciting opportunity to be trained in a specialist niche market, which is anticipated to grow significantly over the next few years.
GENERAL INFORMATION
Years established: 7
Employees: 7
Property: Leasehold
Location
The business operates from attractive offices in a rural location which is convenient for the M4.
Expansion potential
There is plenty of scope to grow market share in the local SME market. The specialist niche market is anticipeted to significantly grow over the coming years.
Competition / Market
There is plently of competition in the local market aimed at SME's. In respect of the niche market the practice is a market leader from a national prespective.
Support & training
One director will remain and the retiring director is happy to hand over work over a period of time
Reasons for selling
Retirement
Advert ref: 3259PS
Employee details
Fulltime staff:
7
Parttime staff:
0
