Work From Home Accounting Practice At the Coast For Sale,Accounting Practice For Sale,Accounting Clients For Sale,East London Business For Sale,Work From Home Business For Sale
|
Work From Home Accounting Practice At the Coast For Sale
Bookmark and Share

Business For Sale

BUSINESS FOR SALE OVERVIEW

Accounting Practice For SaleWell established accounting practice with 20 loyal business and 80 individuals clients for sale. Clients Time For the Coastal Lifestyle with city income.  Services range from payroll, vat submission to annual financials statements. Poised for growth if you are energetic. Work from home.







Fitment Centre For SaleSELLING DETAILS

Selling Price

1,350,000

Turnover pm

50,156

Stock

0

Profit pm

41,956

Total Asking Price

1,350,000

Nett Assets Included

0





Pretoria Business For Sale




MANDATE REPORT

1. History Background

Fully describe the business's activities

Established accounting practice offering accounting, tax and consulting services to a range of clients.  This practice has been running successfully since 2001 and has a client base of loyal and well established businesses.  The practice is established in East London, but has clients in Johannesburg, Queenstown and King William’s Town.

How long has the business been established?

2001

How long has the owner had the business?

2001

What steps are in place to solve "load shedding" problems

N/A

2. Present Market

How does the business operate on a daily basis

The owner is hands on.  .

How are the clients attracted to the business

Word of mouth and a long list of established clients form the nucleus of the business.

What Advertising/Marketing is carried out

Yellow Pages

Does the business have any contract work

No, but long standing regular clients

What competition exists

Normal

What are the seasonal trends

Tax Season is busier

3. Financial

Is the business VAT registered?

No

What VAT documentation is on file?

No

Are there up to date Management Accounts available?

2014 Feb and also 2015 (Jan)

Balance Sheet and Income Statements?

Yes, ending Feb 2014.

What Percentage of the business is cash/credit?

EFT's

Age Analysis?

N/A

How can it be more profitable

 Grow the client base

Seller Finance available?

Yes, in line with selling accounting practices the seller will accept a 50% cash payment and subject to a proper hand over and turnover warranty the balance after a 6 to 12 month period to an APPROVED buyer.

4. Staffing

What is the total staff complement?

Yes, in line with selling accounting practices the seller will accept a 50% cash payment and subject to a proper hand over and turnover warranty the balance after a 6 to 12 month period to an APPROVED buyer.

Staff Breakdown and length of service

Filing, some basic bookkeeping, only since October 2014

Do any receive special perks, bonuses or incentives?

No

Are they on contract?

No

Do any have management potential?

No.

How involved  is the Owner in running the business

The owner is there daily.

5. Premises

When does the current lease end?

N/A

Is there an option of renewal & what period

N/A

What is the annual escalation %?

N/A

What are the trading hours?

N/A

What is the square meterage of the business?


 N/A

Is a copy of the lease available?

N/A

Do you require a licence?

Registration with one of the accounting bodies

6. Assets

Is a full asset list on file?

A computer with the relevant software and data is included in the sale.  You buying the client base

Are any items not included in the sale?

N/A

What is their overall condition?

N/A

Do any require repairing?

N/A

How have they been valued?

N/A

Which assets are on lease/HP and with whom?

N/A

What are their settlement amounts?

N/A

Will Seller settle or Buyer to take over?

N/A

Are copies of agreements available?

N/A

Are they presently insured?

Yes

7. S.W.O.T. Analysis

Strengths

Loyal well established client base.
Diverse client base minimizing specific industry risk.
Spread out client base minimizing specific geographic risk.
Efficient and Well Established Processes

Weaknesses

One man show

Opportunities

Huge potential for growth.  The seller gets frequent enquiries from potential clients but she has deliberately kept it small.

Threats

None perceived for this practice that is not in line with the industry

8. Reason For Selling

What is the reason for the sale?

The seller is taking on new challenges in a non related field

9. Conclusion

Why is this a good business to buy?

Highly profitable practice with a loyal client base.  Oh and did we say this is at the coast?




 

Accounting Practice For Sale

Reference - R150205
 


 -oOo-

Find us on Google+
Want to KNOW more?

Do you want more information? We will not disclose business names, specific location or financials unless this step is done. Would you want us to pass your information to someone we haven't got this information from? Please download the Buyers Profile, print it, sign it and FAX back, or scan it and email it back.

Click me to download a Buyers Profile!

Business Buyers
Membership Membership:
Latest New User Latest: rosemary samuel
Past 24 Hours Past 24 Hours: 0
Prev. 24 Hours Prev. 24 Hours: 0
User Count Overall: 4437

People Online People Online:
Visitors Visitors: 372
Members Members: 0
Total Total: 372

What out Clients Say


Dankie vir die diens gelewer. - Johan



Ons het ‘n fantastiese vergadering vandag gehad. Dankie dat jy vandag saam gegaan het om die dinge saam te vat - Aubrey


Baie baie dankie vir alles vir die jare se diens wonderlike bystand hulp en liefde - Ursula & TJ.


What Our Clients Say

It was great meeting you today,
and I was very relieved to find
you understand our business and
 situation. - Liz




I enjoyed speaking to you
as your business knowledge
 is exemplary and 
          enlightening. - Jade 



Thanks for all your help
and assistance and advise
 so far. - Terry




"..thank you for your exceptional service and always ethical and honest advice" - Dan


Thanks for all the assistance. -  Donja



Thanx a million! - Ivette

..and thank you for your patience Frank!" - Lara

Thank you Johan, u did a good job  - Cenzia



Johan.."Ek sal jou enige tyd aanbeveel aan ander mense wat van jou diens kan gebruik maak" Bettie






"Baie dankie vir al jou hulp en bystand sover" - Frans

Baie dankie vir jou hulp en moeite, dit was baie vinnig en maklik. - Nicolene


Accounting Practice Buyers
have viewed this page since 18 February 2015
SA Topsites ::