Business for Sale in England: East Sussex - BOOKKEEPING COMPANY IN THE EAST SUSSEX AREA - Business: £185,000

Key Information

Ref
M34031T
Type
Service Businesses: Bookkeeping Businesses
Location
England: East Sussex
Tenure
Leasehold, Relocatable
Status
For Sale
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Based in modern and spacious leased offices in the Bexhill area of East Sussex, this highly regarded and profitable bookkeeping company was established more than 10 years ago and is currently run by the owner along with 2 full-time employees.

The client base includes businesses of varying sizes and a bespoke service is provided with the extent of bookkeeping work tailored to individual needs. Most clients pay a regular monthly fee which ensures a very reliable and steady flow of income for the company.

An ongoing relationship has been maintained with a firm of accountants which supplies additional services as and when required. This has proved to be a popular and convenient facility for clients effectively providing a “one-stop shop” for their bookkeeping and accountancy needs.

Accounts for the year ended March 2018 show an annual turnover of £156,274 with an adjusted net profit calculated to be approximately £90,000. The current offices are leased with a monthly rent of £800. New owners could continue trading from these premises or could relocate the business. There is no obligation to take over the existing lease.

This is a very well-established business and, in many ways, all the hard work has been done in terms of building the client base, establishing the reputation of the company, creating a professional website and putting all the necessary systems in place.

A strong foundation is already in place if new owners wish to further develop the business, perhaps with an increase in marketing and promotional activity. Altogether, this would seem to be an excellent “ready-made” business opportunity for private owners or a lucrative bolt-on for an existing business.

Business Price £185,000 Ref: M34031T

Full sales details available at www.emfgroup.com
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