Melbourne - Inner North

Accounting Practice

ID: 218

Fees of $1,040,000

Established and successful one Principal practice in an excellent location. Integrated accounting and financial planning with a reputation for high quality advice. Strong profitability and stable fees with an attractive portfolio of < 200 small business & wealthy individual clients. The dynamic Vendor is committed to a successful transition and looking to continue working with the purchaser, driving business development and delivering tax consulting and business advisory. A strong cultural fit with the purchaser is paramount and the ideal purchaser will be a similar integrated accounting and financial planning firm with the immediate capacity to take on the clients. The Vendor considers the Practice to be relocatable within c.10 kms of current location.

Reason for sale: The Vendor, aged 46, is looking to sell in order to enable the future growth of the practice and better support clients. He is committed to staying for 2-3 years minimum and potentially open to retaining equity in some form.