An opportunity exists to break into the lucrative Singapore market via a 50-100% acquisition of a local cloud accounting firm.
Strong cash flows and brand positioning. Ideal purchase for a foreign company looking to get a foothold into Asia. Or a foreign businessman relocating with a family to Singapore.
Established in 2010, the firm boasts four years operating history and meets all regulatory requirements to run an accounting and compliance practice.
The firm offers affordable incorporation, cloud bookkeeping, corporate secretarial and taxation, to entrepreneurs with big ambitions.
Business Location: Singapore CBD
Premise Details: Lease till 2015. Plenty of room for expansion.
Team size: 10 persons
Client base. Over 400 well recognized clients
Competition: A healthy number of smaller players have entered the market and validated the category since the company formation. The firm's direct competitor was acquired in 2013.
Expansion Potential: Modest margin of growth in Singapore. Growth projections for Hong Kong market are 30-40%.