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Deal Opportunities.co.uk

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Outsourced virtual finance solutions

Reference
S11904
Turnover
Less than £0.5m
Sector(s)
Business services, Professional & financial
Region(s)
UK Wide
Added
28 August 2024

Business description

Offered to market is this well established and tech driven outsourced finance solutions business, providing a full suite of accountancy and finance services including advisory, bookkeeping, management accounting, Tax & VAT returns, payroll, quarterly meetings and weekly flash reports, amongst others.

Leveraging cutting-edge automation, technology, and strategic offshoring, the business delivers the highest levels of service at competitive price points to it’s varied and well established customers. With its robust infrastructure and diversified client base, the business is primed for scalable growth and expansion.

Catering to distinct market segments, the business operates three main hubs focused on: hospitality businesses, start-ups, and virtual bookkeeping for freelancers and sole traders.

Established for over 7 years, the business continues to deliver solid profits on increasing revenue streams, with growth to date being wholly organic and driven via referrals and word of mouth.

A team of 11 extremely efficient and experienced staff are in place delivering premium service levels; including 9 based in South East Asia and a UK team operating on a hybrid model with an office in Yorkshire. This offers a highly functional business model optimising cost efficiency and operational flexibility.

The current owner is committed to facilitating a smooth transition post-acquisition and is open to remaining with the business for a defined period, ensuring continuity and stability.

This is an ideal opportunity for a larger or similarly orientated finance solutions/accountancy firm looking to accelerate growth with the addition of a process driven, self-sufficient and well managed business.

Highlights

  • Strong profits on £400k recurring revenue
  • Well balanced revenue splits across 3 core service offerings
  • Digitised and highly efficient systems and processes in place
  • Long term client relationships with excellent customer retention
  • Huge scope for continued growth
  • Experienced and highly efficient team in place

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