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UNDER OFFER
British Accounting Firm for Sale in Dubai

British Accounting Firm for Sale in Dubai

  • BXB Listing ID :

    3020
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Business Bay
  • Asking Price:

    495,000 AED
  • No of Employees:

    4
  • Year Established:

    2017
  • Annual Revenue:

    548,000 AED
  • Annual Net Profit:

    190,000 AED
  • Trade Licence:

    Mainland
  • Business Hours:

    9 am to 6 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    Annual lease
  • Annual Leasehold Rent:

    20,000 AED
  • Reason for Sale:

    The owner has no time to manage and grow the business
  • Premise Facilities:

    Office premises in Dubai and Pakistan
  • Market fundamentals:

    There is a great demand for VAT related consulting services which reflects in the growing revenue and profit of this business.
  • Information on staff:

    3 accountants and a highly experienced manager that can remain in the business
  • Information on transition to New Owner:

    Full transition will be provided for up to 6 months

Business Overview

This boutique accounting and book-keeping firm was established before the introduction of VAT in order to fill the gap on the market for sought-after professional accounting and tax advisory services. The company provides CFO services, bookkeeping, accounting, VAT registration, VAT submission, VAT training and consultation, internal audits of sales, marketing, payments and invoicing, business set up and business administration services to corporate customers. They have an extremely high client retention rate and many genuine referrals from their existing clientele for new business. The company showed good financial performance in the past and both revenue and profits are growing every month. The company is British managed and maintains high standards of operation. The current management can remain in the business with the owner of the company not involved in day-to-day operations of the firm. This business has organised it's operations is a very efficient way by having a client management team in Dubai and a back-office accounting team outside of the UAE. This ensures low overheads and high profitability without any compromise on the quality of their services and client-focused approach. All senior accountants in this firm are ACCA qualified. The operations are managed from a cloud-based CRM and accounting software that keeps all data in order and ensures maximum efficiency. They use Xero Cloud Accounting for 95% of their customers. This makes the business easy-to-manage with minimal involvement from management. The business has a strong online presence and is ranked on the first page of Google for VAT Accounting search terms. The company has great opportunities to expand the business to other markets and broaden the scope of services.

CFO services, bookkeeping, accounting, VAT registration, VAT submission, VAT training and consultation, internal audits of sales, marketing, payments and invoicing, business set up and business administration services for corporate customers.

*Profitable business *Very easy to manage with minimal involvement from the owner *Relocatable and can be managed remotely *Professional team of accountants *Low fixed costs *Reputable clients that bring in recurring revenue *Scalable business

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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