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Accounting Firm for Sale in Larnaca, Cyprus

For Sale: Authorized accounting & audit firm of qualified accountants & corporate service providers.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 430 thousand
Run Rate Sales USD 450 thousand
EBITDA Margin 40 %
Industries Accounting Firms
Locations  Larnaca
Local Time 11:06 AM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 530 thousand (Native Currency: EUR 500,000)
Reason: Forthcoming retirement of the founder.
Includes physical assets worth USD 32 thousand
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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
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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.
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