A profitable and leading Newcastle based bookkeeping business available for sale with a great team! Sold for full price.

$249,000

Plus Stock at Value on settlement

Suburb: Newcastle2300
Category: Professional, Scientific and Technical Services (Except Computer System Design and Related Services)

This quality business was established in 2000 by the current owner, with a terrific team already in place.

The business provides services that range from ongoing bookkeeping through to HR Support and everything from training, administration, payroll support and so much more.

This firm has the support and trust of a diverse and loyal clientele, and has incredible systems that allow the owner to enjoy time away from the business. This can include working closely with business owners, their accountants, and their teams to help their clients gain maximum value from their business.

This can include working closely with business owners, their accountants offering the core service of bookkeeping. With streamlined processes and with the effective use of technology, the business services a broad clientele across a diverse range of industries. The business has a quality reputation for helping business owners achieve their goals, with bookkeeping packages customised to suit clientele from start-up and growth, to well established businesses.

The Bookkeeping industry has evolved over the years, and this business has adapted, having embraced cloud-technology systems, keeping them a leader in their market. The majority of the work is completed remotely, which allows for the business to service clients far and wide – with client locations no longer a barrier to growing the business and offering a quality service.

The current owner enjoys a great lifestyle and healthy profits, and it would also suit an owner that can leverage or scale the services with an existing clientele or accounting practice.

The adjusted Net Profit to the working owner for EOFY2020 is approximately $90,000 which represents a great return on the business asking price of only $249,000, with annual revenue of over $300,000 pa.

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