About the Business

Business ID: XB160904

Portfolio of retail/online businesses and Not For Profit clients with annualised revenue of over $145,000

This quality portfolio consists of 13 business clients with annualised revenue from:

- Est Bookkeeping fees of $11,815 per month or annualised fee of $141,780

- Revenue from software subscriptions of $3,540 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.

- Well-established and highly profitable portfolio of clients

- Generating over 50% Gross Margin from fees generated

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

- High percentage of Not for Profit and retailers (online and shops) within the portfolio

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

- Highly efficient operation with option to use overseas employees/contractors to deliver high-quality services while maintaining a substantial cost advantage in the marketplace.

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

Asking price of $220,000 plus GST where applicable