Franchised Accounting Practice In Edmonton For Sale

Description

Business type: accounting and bookkeeping franchise practice

Location: Downtown Edmonton, Alberta

Established: 2015

Current status: established operating franchise

Profitability: reported as profitable

Financial information

Asking price: $190,000

Franchise fee included in asking price: $40,000

Turnover: $145,000

Recurring annual client fees: more than $180,000

Royalty: 9%

Advertising fee: $500 per month

Customers

Client base: approximately 200 business and personal clients

Recurring client revenue: established

Services

• Accounting services
• Bookkeeping
• Payroll services
• Taxation services

Franchise support

Global franchise brand: established

Lead generation system: included

Buyer training: included

Ongoing operational support: included

Helpline support: available for owner and staff

Annual conferences: available

Regional meetings: available

Staff and operations

Trained staff: in place

Operating setup: turnkey

Immediate acquisition: possible

Expansion options

• Increase referral business
• Expand payroll services
• Expand bookkeeping services
• Expand taxation services
• Increase client base

Financing

BDC financing options: available

Potential buyers

• Accounting professionals
• Bookkeepers
• Financial professionals
• Consulting professionals
• Corporate professionals