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Further. yes accounting practices sell for a turn of fees...

  1. Book keeper96
    122 Posts.
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    05/07/22
    08:50
    Post #: 62369863
    Further. yes accounting practices sell for a turn of fees historically however, margins are typically much lower than FP firms at ~15-20% pre tax or more like 10-14% post tax. A multiple of 7-10x NPAT, which would be similar to this.

    need to get facts straight...
    DVR Price at posting: 81.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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