Businesses For Sale in SingaporeSingapore

Listing ID: 3638
Total Viewed: 5813
Last Refreshed: 19/09/2018

Established Accounting And Corporate Secretarial Firm For Sale​

Central Area

Asking Price : SGD1M - 5M

Revenue: SGD963,000

Cash Flow: SGD1,500,000

Payable: Not Disclosed

Established: 2011

Gross Profit: SGD744,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD496,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 5

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Current owner has other business comittments which require frequent travel.
Business Description

Established accounting and corporate secretarial firm is for sale

1). 400+ clients

2). Well designed website and branding.

3). ACRA license as filing agent.

4). Annual revenue 963k, annual net profit 496k (alreay factoring in owner's monthly salay of 5k; owner's withdraw as director's fees are not factoring in ), 4 full time employees.

5). Cash in hand 350k.

6). In house developed corporate secretarial software.

7). Certified Quickbooks Advisor, Certifeid Xero Accountant, MYOB Partner.

8). Newly renovated office, furnished with new IT equipment, telephone system, computers.

9). Support and training available for 3 months.

10). Current owner has other business comittments which require frequent travel.


We received many enquiries, only serious buyers will be replied. Before contacting us, please make that you have funds ready for puchase. Thank you.


Update on 10 December 2017:

The company has expanded its 2nd location successfully, using same business model. The revenue/profit of the 2nd location is similar to its first location at the similar stage. The company is planning to set up its 3rd location in 2018.

In sum, the company is selling not only existing client base (traditional accounting firms do), but also a successful business model approved by the success of its 2nd location, and planned 3rd location.

We welcome venture capital firms or MNC companies, which know well about company valuation, to contact us. For these who just try to understand the secret behind this firm, please do not contact. Thank you.


Business Operations
Business Hour:
9:00am to 6:00pm, Monday to Friday
Staff:
3 Local, 1 Foreigner, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
500sqft
Rental Fee:
SGD2,900
Rental Deposit:
SGD8,700 (included in selling price)

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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