Sold

Profitable, Established Accountancy Practice with 2 Locations

SOLD

This well-established two partner accountancy and business advisory practice has offices in both the Bay of Plenty and Hawkes Bay and an established client base in Auckland.

The business is new to the market as the current partners have decided the time is right to take their business careers in a different direction.

With annual fees exceeding $1.2m and a strong EBIT (adjusted to remove directors' remuneration) in excess of $600k this is an opportunity not to be missed.

The practice has an experienced and stable work force and multiple income streams with flexibility in current building leases, it is a great opportunity to expand into the areas this practice operates or even add this business to an existing operation. We anticipate the practice will be of interest not only to local practitioners but also those looking to grow their businesses into Bay of Plenty/Hawkes Bay or Auckland regions.

Please note: This is the sale of a going concern that will be zero rated for GST purposes. If you are seeking a substantial accountancy practice with an established fee base to leverage or build on, then let’s talk today.

Asking price $1,300,000.

If you are interested and would like more information about this business, please visit www.barkerbusiness.co.nz/3176 to submit an online Confidentiality Agreement or email me and I will send you a CA to sign. Once I receive your CA, I will email you an Information Memorandum with more details about the practice.

*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Hawke's Bay
Price SOLD
Business ID 3176
Category Professional

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