Sydney Southern Suburbs

Accounting Practice

ID: 158

SOLD

Established accounting practice with a strong reputation in its local market, a very stable fee base and high profitability. This practice has a quality small business client base with minimal concentration risk and very few basic I-returns. There are flexible options with the premises with the current lease expiring 31 October 2024. The Principal is committed to a smooth transition and is is open to continuing beyond an initial 12 months on a part time basis. The Principal is supported by a proactive and capable team available to transfer to the purchaser. This practice would ideally suit an established Sydney firm in growth mode that can capitalise on the opportunity to add a broader suite of services to the small business client base, particularly business advisory. 

 Reason for sale: The Vendor, aged in their late fifties, is transitioning to retirement.