Sold

Accounting Practice

Brisbane - North Suburb

Fees of $1,600,000

More About This Listing

Sold

Accounting Practice

ID: 190

Fees of $1,600,000

Established high quality practice in an attractive location. The practice generates strong profits and has low debtors and WIP. The client base is first class comprising small businesses and high net worth individuals with no material concentration risk. The team are stable and capable with a deep understanding of clients, and the firm has highly effective systems and processes to service clients' needs. The practice is well set up for further growth and the Vendors are flexible with transition to ensure a smooth handover.

Reason for sale: The Vendors are a financial services group (majority share) who are looking to exit accounting and the Managing Director (minority share) who is transitioning to retirement.

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