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Accounting Firm for Sale in Doha, Qatar

Non - operational QFC licensed accounting, consultancy and IT solutions.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 50 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Consulting + 1 more
Locations  Doha
Local Time 4:33 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: QAR 150,000)
Reason: The owner has other businesses and is unable to focus on this one.
Interested to connect with advisors
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Business Overview

- Non - operational business providing accounting, consultancy and IT solutions, based in Qatar.

- The business has stopped its operations since 5 months back, because the owner is diverting in to different industry.

- The owner is a qualified professional accountant from Australian Accounting Body with several degrees in accounting, finance, business and management studies. He has 17+ years of experience in the field.

- The potential growth rate of the overall business is 30% as Qatar has had corporate income tax (CIT) for 13 years and Qatar is introducing VAT soon. So the demand for accounting, and consultancy services is very high.

- The business started its operation last year and was almost in the break-even stage.

- We have served 9 clients to date and 5 of them are stock-listed companies from various countries like China, Korea, KSA, and Turkey.

- The firm has no active clients now.

- The firm is licensed by Qatar Financial Centre (QFC) and is eligible to issue business visas and work visas for any nationality and gender subject to government policies.

Products & Services Overview

Accounting, consultancy, internal audit, management consultancy, market research, feasibility study, financial planning, budgeting, start-up advice, strategic management, fraud investigation, business valuation and organizational planning, and SOPs.

Assets Overview

As of now no assets like furniture except website and license.

Facilities Overview

Office located in Royal Plaza, Al Sadd Doha.

Capitalization Overview

It is a self-funded business with no liabilities except monthly office rent. The business has only one shareholder with 100% foreign ownership.

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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