Accounting Firm Investment Opportunity in Dubai, United Arab Emirates
Growing business consultancy led by CAs that are experts in accounting, tax, and audit services.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 123 thousand |
| Run Rate Sales | USD 147 thousand |
| EBITDA Margin | 30 % |
| Industries | Accounting Firms |
| Locations | Dubai |
| Local Time | 4:19 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
204 thousand
for
30.0%
stake
(Native Currency: AED 750,000)
Reason: Increase staff strength in view of the high growth potential of business as we are receiving work th...
View More
Includes physical assets worth
USD
5.4 thousand
Interested to connect with advisors
Business Overview
- More than 100 retainer clients (diversified portfolio of clients involving European, Asian, and GCC) and growing on a monthly basis.
- Started from ground zero with an initial investment of AED 50k and our latest turnover was AED 450k.
- 2 types of payments by clients:
• We collect upfront quarterly payments as per the yearly contract.
• Monthly invoice generated as per yearly contract.
- This payment cycle hinders us from scaling operations and thus comes the need for external funding.
- Max revenue from accounting services i. e 50% of our total revenue.
Team details:
• 2 partners/owners are CAs.
• 2 employees are CA final-year candidates.
• 4 people employees are graduates with relevant experience in our industry.
- Small team able to handle 100 clients as these are SME clients where the volume of work is not that much, and one person can manage 25-30 clients.
The promoter representing this transaction is an India-based chartered accountant with 10 years of experience in the field of business advisory and taxation.
- Started from ground zero with an initial investment of AED 50k and our latest turnover was AED 450k.
- 2 types of payments by clients:
• We collect upfront quarterly payments as per the yearly contract.
• Monthly invoice generated as per yearly contract.
- This payment cycle hinders us from scaling operations and thus comes the need for external funding.
- Max revenue from accounting services i. e 50% of our total revenue.
Team details:
• 2 partners/owners are CAs.
• 2 employees are CA final-year candidates.
• 4 people employees are graduates with relevant experience in our industry.
- Small team able to handle 100 clients as these are SME clients where the volume of work is not that much, and one person can manage 25-30 clients.
The promoter representing this transaction is an India-based chartered accountant with 10 years of experience in the field of business advisory and taxation.
Products & Services Overview
Accounting and bookkeeping.Taxation advisory.
Auditing.
Business set up.
Assets Overview
Tangible assets - computers and laptops worth AED 10K, and office furniture worth AED 10K.Intangible assets - software worth AED 50K.
Facilities Overview
Current office is located in Abu Hail, Dubai with a total area of 200 sq ft.
Capitalization Overview
Initial capital and profits generated from the business.The company has no loans or payables outstanding as on date. The company is presently partnership with 2 partners having equal share holding of 50% each.
Recent Activity
-
Earlier than 15 daysFounder, Merger & Acquisition Advisory, Gurgaon, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Marketing And Advertising, Brisbane, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Accounting, Accounting, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Accountancy Practice Investment Opportunity in Dubai, United Arab Emirates
·Accounting Practice Investment Opportunity in Dubai, United Arab Emirates
·Accounting Firm Investment Opportunity in Dubai, United Arab Emirates
·Audit Firm Investment Opportunity in Dubai, United Arab Emirates
·CA Firm Investment Opportunity in Dubai, United Arab Emirates
·Invest in Accountancy Practice in Dubai, United Arab Emirates
·Invest in Accounting Practice in Dubai, United Arab Emirates
·Invest in Accounting Firm in Dubai, United Arab Emirates
·Investment Opportunity in Dubai, United Arab Emirates
·Invest in Audit Firm in Dubai, United Arab Emirates
·Invest in CA Firm in Dubai, United Arab Emirates
·Accountancy Practice Investment Opportunity
·Accounting Practice Investment Opportunity
·Accounting Firm Investment Opportunity
·Invest in Dubai, United Arab Emirates
·Audit Firm Investment Opportunity
·CA Firm Investment Opportunity
·Invest in Accountancy Practice
·Invest in Accounting Practice
·Invest in Accounting Firm
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.
