Business Overview
- 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.
Products & Services Overview
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.
Capitalization Overview
- Self-funded and funded by a Canadian parent firm.
- Business has no debts or liabilities.
- 100% Shares owned by a Canadian firm.
Assets Overview
We do not have any major physical assets.
Partial Stake Sale
USD
68 thousand
for
50.0%
stake
(Native Currency: AED 250,000)
Reason:
Looking for an owner-operator buyer to work with an established book of clients and to help with gro...
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Interested to connect with advisors
In talks with 3 Investors