Accounting Firm Investment Opportunity in Dubai, United Arab Emirates
Canadian bookkeeping, tax and advisory firm in UAE seeking working partner / 50% Share purchase.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 114 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Accounting Firms |
| Locations | Dubai |
| Local Time | 11:14 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
68 thousand
for
50.0%
stake
(Native Currency: AED 250,000)
Reason: Looking for an owner-operator buyer to work with an established book of clients and to help with gro...
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Business Overview
- Mid-sized professional accounting and tax firm based in UAE, affiliated with / branch of a foreign entity in Canada.
- The parent company is located in Burlington, Ontario (part of the greater Toronto area) and has a branch office in UAE. The existing key employee has moved to the parent company in Canada.
- The details and financials mentioned is for the branch office in UAE. Stake is being offered in the UAE branch only.
- Have 20+ active clients and we have had a good customer acquisition rate in the last year with an average monthly acquisition of 2-3 customers.
- We generate revenue by charging fees for VAT filing, internal audit, and bookkeeping. For VAT filing we charge AED 300-500, for internal audit, we charge an average fee of AED 10-12,000 monthly. Book keeping client ranges from AED 5-10,000.
- The firm comprises of qualified team of finance professionals that have over 10 years of experience across various sectors and industries.
- The promoter has 20 years of experience in this industry.
- The parent company is located in Burlington, Ontario (part of the greater Toronto area) and has a branch office in UAE. The existing key employee has moved to the parent company in Canada.
- The details and financials mentioned is for the branch office in UAE. Stake is being offered in the UAE branch only.
- Have 20+ active clients and we have had a good customer acquisition rate in the last year with an average monthly acquisition of 2-3 customers.
- We generate revenue by charging fees for VAT filing, internal audit, and bookkeeping. For VAT filing we charge AED 300-500, for internal audit, we charge an average fee of AED 10-12,000 monthly. Book keeping client ranges from AED 5-10,000.
- The firm comprises of qualified team of finance professionals that have over 10 years of experience across various sectors and industries.
- The promoter has 20 years of experience in this industry.
Products & Services Overview
The firm specializes in helping clients manage their accounting, book keeping and tax needs. Looking to add additional services with the right managing partner in UAE.
Assets Overview
We do not have any major physical assets.
Facilities Overview
Currently, all the employees are working from home in Dubai.
Capitalization Overview
- Self-funded and funded by a Canadian parent firm.- Business has no debts or liabilities.
- 100% Shares owned by a Canadian firm.
Recent Activity
-
3 days, 16 hours agoFinance Manager, E-Learning Provider, Kota, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Investment & Accounting Firm, Mumbai, Corporate Investor / Buyer connected with the Business
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