Melbourne - Inner South East

Accounting Practice

ID: 291

Fees of $600,000

Established accounting practice in an attractive and high socio-economic area. The practice has a reputation for providing high quality advice and has built a good quality client base that generates stable fees and profits. The Vendor is supported by a capable team who manage their own client portfolios and are available to transfer to the buyer.  Debtors are well managed with a “no payment no lodgement policy”. The practice is well set up for a smooth transition to new ownership and is straightforward to relocate. One of the team members available to transfer is a registered SMSF auditor which presents an opportunity for a practice looking to enter or grow in this space. Additional growth opportunities include capitalising on the steady flow of inbound leads and additional services such as business advisory and financial advice.

Reason for sale: The Vendor, aged in their early sixties, is transitioning to retirement to spend more time with family and travel.