Sold

Accountancy in the Horowhenua

SOLD

This well-established, Horowhenua- based, Chartered Accountancy and Business Advisory Practice is new to the market and a rare opportunity given its size. 

With annual fees exceeding $1m and a strong EBIT of more than $700k (excluding owners’ remuneration) for the 2022 financial year, this is an opportunity not to be missed.

Based in a well-known town, not far from Wellington and Palmerston North, the low rent % along with staff costs below the industry average, are what help drive the substantial ROI of this practice. 

The experienced staff with longevity in the business, along with a vendor ready to support a new owner, will ensure the smooth transition of this business and we anticipate the practice will be of interest to not only local practitioners but also those from the larger centres whose own practices do not enjoy returns at this level. 

Please note: This is the sale of a going concern unless otherwise negotiated. The successful purchaser will be expected to negotiate with the landlord, take on the staff and systems all reflected in the price. 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 $1,260,000.00 

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz, search reference number 3371, register your details and submit the online Confidentiality Agreement. Once Greg receives your expression of interest he will be in touch. 

*Source of information - Supplied by the Business Owner. 

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2021. 

 

Details

Region Manawatu-Wanganui
Price SOLD
Business ID 3371
Category Professional

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