VIC ACCOUNTING

Accounting Practice in Melbourne for Sale.

REFERENCE: S-1008
FY2025 REVENUE

$410K

RETURNS

460+

ESTABLISHED

40+ years

Founded, VIC

AVERAGE FEE

$5,000

CATEGORY

Accounting Firm

LOCATION

Melbourne

OVERVIEW

Servicing family groups, small businesses and investor clients in Melbourne’s south east since 1988. This opportunity is a straight-forward bolt-on for a larger accounting firm or an accounting professional seeking to purchase a fee base to get their practice off to a solid start. 

REASON FOR SALE

After many years in the profession the principal now wishes to retire and is happy to work with the buyer through the handover period.

INVESTMENT HIGHLIGHTS

  • Trading History: Trading since 1988. Loyal client base. Multigenerational family relationships.

  • Recurring Fee Base: Consistent tax compliance revenue ~$400K p.a. with a mix of business clients and SMSFs trustees.  

  • Bolt-On: With three part-time staff members it will be straightforward for an acquiring firm to integrate the team and takeover workflow and adapt it into their own systems.

  • Growth Opportunities:  Immediate growth potential. Clients demand for additional support and services is already there for natural fee increases for future years.

TRANSACTION OVERVIEW

  • Sale Type: Going Concern Sale. Full transfer of client book and goodwill.

  • Transition: Principal will remain for handover period. 3 part-time staff to interview and offer roles.

  • Terms: Transaction terms subject to due diligence and agreement. 

Interested? Let’s talk.

Interested parties must conduct their own due diligence. More details available upon execution of NDA.

Enquire Now