About the Business

Business ID: XB158324

Portfolio of quality business and Not For Profit clients with annualised revenue of over $150,000

This quality portfolio consists of 10 business clients with annualised revenue from:

- Est Bookkeeping fees of $12,178 per month or annualised fee of $146,100

- Revenue from software subscriptions of $11,160 per year

The portfolio of clients offers an ideal opportunity for a new owner to take over using the proven service model with great potential to expand the operations further if desired.

- Highly efficient operation using both local and overseas employees/contractors to deliver high-quality services while maintaining a substantial cost advantage in the marketplace.

- Well-established and highly profitable portfolio of clients

- Generating over 50% Gross Margin from fees generated

- Highly systemised with the majority of work undertaken by employees/contractors

- High percentage of Not for Profit and professional within the portfolio

- Over 50 percent of clients paying over $1,000 per month

This will be ideal for a bookkeeping and accounting-qualified professional seeking to start their own professional bookkeeping business.

Asking price of $225,000