Inner Melbourne

Accounting Practice

ID: 325

Fees of $534,000

An established boutique practice in an attractive part of Melbourne. This practice has very stable fees, consistent profitability and tightly managed debtors. The diverse small business client base is longstanding with minimal concentration risk and few basic I-returns. There are also over 50 SMSF's. The Vendor is committed to a smooth transition to new ownership and is supported by a small team who are available to transfer to the purchaser.  There are further opportunities to grow through business advisory, financial planning and more. This would ideally suit an established larger firm looking for a straightforward tuck in or a younger owner starting out and looking for a stable client base as a platform to expand further.

Reason for sale: The Vendor, aged in their late fifties, is retiring from the industry to travel and spend more time with family.