Melbourne Inner South East

Accounting Practice

ID: 429

$515,000 Accounting and $20,000 FP Fees

This is an established boutique practice in an attractive upscale Melbourne location. It comes with a stable fee base and long term clients who are easy to work with. The practice generates strong profitability (59% before owner remuneration in FY25) with well managed WIP and debtors. The Principal only works 20 hours per week and is supported by one senior accountant who works four days. The practice is easily relocatable and there is no requirement to take over a lease. There is also a small financial planning component with c.$20k revenue. This opportunity would ideally suit a multi disciplinary accounting firm who can also take advantage of the untapped financial planning opportunity.

Reason for sale: The Vendor, aged in their 60s, is exiting the industry to dedicate their time to scaling another existing venture (not related to accounting).