Established accounting firm with long-term clients

Plzeňský kraj, Czechia

listing nr.: 240010

Sorry, this listing
is no longer active
Valuation 515 000 € (13 000 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
368 000 €
HistoryDuration of business operation.
20+ years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
174 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
7

Basic information

The subject of the sale is a 100% share in a company focused on accounting, payroll processing and related services. The company has been operating on the market since 1995, during which time it has acquired many long-term and loyal clients.

The tribe of long-term clients of the company is of great value, these clients have been working with the company for many years and there is no assumption that they would be interested in changing the accounting company after the sale. None of the existing clients are fixed on the person of the owner. The company currently has 150 regular monthly customers. There is no concentration of clients in the company, only 4 companies invoice more than 5% of the company’s total sales. The company acquired clients gradually, organically over the years. The company does not advertise anywhere, does not pay for advertising, nor does it use the website to acquire customers, clients come on the recommendation of existing clients. The company acquired clients gradually, organically over the years. The company does not advertise anywhere, does not pay for advertising, nor does it use the website to acquire customers, clients come by themselves on the recommendation of existing clients.

Added value is also the experienced staff team of skilled accountants who have no problems meeting deadlines, are loyal to the company and will have no reason to change their place of business even after acquisition by a new owner. Clients deal with operational issues with the company’s employees, the owner only deals with occasional inspection, supervision and advice in difficult cases and in complex accounting cases.

The company is based in rented offices with an area of approximately 100 square meters. The company is long-term and stable profitable and has no debt.

The reason for the sale of the company is the retirement of the owner. The offer is particularly suitable for a tax consultant, accounting firm, auditor, but it is not a condition.

Overview of the company’s financial results

 

Tangible property

  • office equipment
  • small property

Intangible assets

  • a tribe of 150 long-term clients 
  • professional and experienced team of accountants
  • accounting software
  • certifications and licenses
  • know-how

Rentals

Offices

  • area: approx. 100 m²
  • lease for an indefinite period

Employees

  • 6x employees at HPP
  • 1x self-employed

Indebtedness

  • no debt

Total annual sales

  • 2021: CZK 5.5 million
  • 2022: CZK 6.1 million
  • 2023: CZK 9.3 million

Normalized company profit

  • 2021: CZK 2.5 million
  • 2022: CZK 2.8 million
  • 2023: CZK 4.4 million

Note: The company’s normalized profit was calculated as the real profit that the company is able to generate, i.e. profit that is adjusted for non-recurring, non-standard and core business unrelated costs.

Other information

  • History: 20+ years
  • Reason for sale: owner’s retirement
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.

InBase s.r.o. makes great efforts to keep the information on this site up-to-date and accurate. Nevertheless, the InBase s.r.o. does not assume any responsibility for its timeliness, accuracy, completeness or quality. Business information provided in this datasheet is based on the documents and information provided by the owner or manager of the business. InBase s.r.o. is not responsibleFor damages of a material or non-material nature, directly or indirectly caused by the use or non-use of information or the use of incorrect or incomplete data.

I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).