Accounting Firm Investment Opportunity in Dubai, United Arab Emirates
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 80 - 90 thousand |
Run Rate Sales | USD 110 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Accounting Firms |
Locations | Dubai |
Local Time | 1:02 PM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- 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 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.
We do not have any major physical assets.
Currently, all the employees are working from home in Dubai.
- Self-funded and funded by a Canadian parent firm.
- Business has no debts or liabilities.
- 100% Shares owned by a Canadian firm.
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2 days, 4 hours agoCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Management Consulting, Port Louis, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Accounting Services, Coimbatore, Individual Investor / Buyer connected with the Business