PROFITABLE ACCOUNTANT FIRM AND BUSINESS CONSULTANCY FOR SALE

REASON FOR SALE

To focus on other business.

DESCRIPTION

Company established 10 years, from sole proprietorship converted to Pte Ltd in 2017. 

Fixed assets, computers and software all pay off. All fully depreciated. Lease on the printer for 4 more years.

Worker numbers, roles and their wages:

• Corp Sec Manager - $3,200

• Accountant - $2,700

• Admin - $1,600

Business premises, rental fee and leasing period:

• Monthly rental $1,498

• Lease ending 31st Dec 2021

Annual financial:

Annual sales 550k to 650k, profit 250k to 290k, most clients rely on referral, low expenses.
Numbers of customers 200 plus.

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How many shares the owner will retain if buyer not fully take over?

Owner open to discuss, depending on the buyer’s role and proposal.

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Selling price:

​100% stakes @S$580k (ROI 2.5 years)