Accounting Firm for Sale in Larnaca, Cyprus
For Sale: Authorized accounting & audit firm of qualified accountants & corporate service providers.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | 40 % |
| Industries | Accounting Firms |
| Locations | Larnaca |
| Local Time | 7:17 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: EUR 500,000)
Reason: Forthcoming retirement of the founder.
Includes physical assets worth
USD
34.6 thousand
Interested to connect with advisors
Documents
Business Overview
The firm was set up by the founder in 2010. Company has over 200 clients and annual recurring revenue of EUR 400K from these clients. The clients consist of large and medium companies, both local and international. The firm has an excellent reputation within the profession. Business has no liability. Company has 2 directors with 80% and 20% stake.
Products & Services Overview
- Bookkeeping & accounting.- Statutory audits.
- Business & taxation advice.
- VAT & payroll.
- Corporate & fiduciary services.
Assets Overview
- Specialized accounting, auditing, and AML software.- Fully equipped office including servers, computers, printers, furniture & fittings.
Facilities Overview
The firm is based in the center of Larnaca, Cyprus. The offices are located in a modern office building, occupying a floor of 300 sqm at an annual rent of 21,600 Euros. The office includes the latest infrastructure.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Accounting, Tax, Audit, Corporate Service Provider, Valletta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Accounting Firm, Abu Dhabi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Accounting Services, Nicosia, Individual Investor / Buyer connected with the Business
Tags:
Accountancy Practice for Sale in Larnaca, Cyprus
·Purchase Accountancy Practice in Larnaca, Cyprus
·Accounting Practice for Sale in Larnaca, Cyprus
·Purchase Accounting Practice in Larnaca, Cyprus
·Accounting Firm for Sale in Larnaca, Cyprus
·Buy Accountancy Practice in Larnaca, Cyprus
·Purchase Accounting Firm in Larnaca, Cyprus
·Buy Accounting Practice in Larnaca, Cyprus
·Audit Firm for Sale in Larnaca, Cyprus
·Buy Accounting Firm in Larnaca, Cyprus
·Purchase Audit Firm in Larnaca, Cyprus
·CA Firm for Sale in Larnaca, Cyprus
·Purchase CA Firm in Larnaca, Cyprus
·Buy Audit Firm in Larnaca, Cyprus
·Buy CA Firm in Larnaca, Cyprus
·Accountancy Practice for Sale
·Accounting Practice for Sale
·Accounting Firm for Sale
·Audit Firm for Sale
·CA Firm for Sale
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
