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 in Whanganui, trading since 2010 Recurring fee base spans fixed monthly packages, annual accounts, GST, payroll, rental property work, Xero subscriptions and advisory services Client base of just over 1,100, with 95% annual retention and no material concentration in a handful of accounts Fee income has grown by roughly 11% a year on…

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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.)

~$296,528

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Franchised accounting, tax and business advisory practice in Whanganui, trading since 2010
Recurring fee base spans fixed monthly packages, annual accounts, GST, payroll, rental property work, Xero subscriptions and advisory services
Client base of just over 1,100, with 95% annual retention and no material concentration in a handful of accounts
Fee income has grown by roughly 11% a year on average over the past five years
Operates under a national franchise brand with established marketing, systems and pricing, and a new lease is available
Growth avenues include building out advisory work, lifting chargeable recovery, cross-selling payroll and GST services, and picking up client parcels from retiring sole practitioners

Priced like this one

nearest on the figure this listing states