Accounting & Business Advisory Practice, Whanganui

Accounting & Business Advisory Practice, Whanganui — Professional Services · Whanganui · Asking $650,000 · Revenue $730,881

Franchised accounting, tax and business advisory practice operating in Whanganui since 2010 Substantial recurring fee base from fixed monthly packages, annual accounts, GST, payroll, rental property services, Xero subscriptions and advisory work Loyal, diverse client base of 1,112 clients with 95% annual retention; the top 10 clients represent just 6% of fees Growth averaging 11% per annum over…

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Accounting & Business Advisory Practice, Whanganui

Accounting & Advisory

ActiveProfessional ServicesManawatū-WhanganuiB2B

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Asking price

$650,000

Disclosed · NZD

Revenue

$730,881

TTM

Earnings (est.)

~$292,352

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Franchised accounting, tax and business advisory practice operating in Whanganui since 2010
Substantial recurring fee base from fixed monthly packages, annual accounts, GST, payroll, rental property services, Xero subscriptions and advisory work
Loyal, diverse client base of 1,112 clients with 95% annual retention; the top 10 clients represent just 6% of fees
Growth averaging 11% per annum over the past five years
Operates under a national franchise brand with established marketing, systems and a set pricing framework
New formal lease available to an incoming owner
Growth opportunities include layering in advisory and management reporting, lifting chargeable recovery, cross-selling payroll and GST services, and acquiring fee parcels from retiring sole practitioners

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