SOLD! Well-Established Tax Accounting Business, Southern Sydney. $390k revenue 2022

The purchaser of this business would need to hold a Tax Agents Licence and is a pre-requisite of further information being provided. 

There are approximately 230 tax clients at present, most clients are within a 10 km radius of the accounting office.

Top 10 business clients are in Medical, Engineering, Childcare and Pharmacies.

There is an excellent office space in a quality southern Sydney suburb with a new lease available on good rental terms.

• Loads of potential for growth
• Business established over 20 years
• Owner working up to 10 -15 hours per week
• Excellent location with good exposure
• Quality long standing clients
• High percentage of recurring revenue
• Ideal bolt-on business model
• Good spread of clients
• Opportunity to increase services

The present owner would offer a one-week training period after settlement and then offer on-going support as a part-time consultant if required.

The business in its current state without any increase in advertising or sales based on the performance of 2022 should provide income for the owner/operator of approximately $240k (according to information provided). 

The business is an excellent opportunity for a similar style business to bolt on to their existing operation and recognise immediate growth. It could also be an excellent purchase for a first-time business owner who holds a tax agent’s licence.

Asking Price: Sale price $450,000 includes all assets and goodwill.