Melbourne - Inner South East

Accounting Practice

ID: 57

Fees of $693,000

Long established one Principal practice in an excellent location. Stable fees and strong profitability. Attractive mix of longstanding clients with bias toward small business clients. Vendor supported by a capable local team. Further growth opportunities including financial planning and expanding business advisory.  A strong cultural fit with the purchaser is paramount to continue the high quality of service to the client base. Beyond the initial transition, the Vendor is open to working with the Purchaser on a flexible part-time basis for potentially up to five years or longer. There is no requirement to take over the lease and the Vendor considers the Practice to be relocatable within c.5-10kms of current location (excluding the CBD), and ideally within the inner south-east.

Reason for sale: The Vendor, aged 53, is seeking to transition to a more flexible, part-time working arrangement as a non-business owner.