CBD, Melbourne – Unique Opportunity for a Payroll Business

Turnover

$594,000

Description
  • x A leader in automated labour management solutions, with experience in the Time Recording, HR and Payroll markets.
  • 1x Principal
  • 1x Full Time Snr Analyst
  • 1x 4 day per week Snr Analyst
  • 1x Full Time Admin / Tech Services
  • 1x Full Time Support / Tech Services
  • 2x Full Time Support / Implementations
Reason for sale

Owner is retiring.

Inner Eastern Suburb, Melbourne

Turnover

$1,841,328

Description
  • 1x Principal
  • 2x Full Time Team Leaders and Senior Managers
  • 1x Full Time Team Leader and Account Manager
  • 1x Full Time Account Manager
  • 2x Full Time Senior Accountants
  • 4x Full Time Accountants
  • 1x Part Time Accountant (whom is on maternity leave)
  • 1x Part Time Administration Manager
  • 1x Full Time Administrator
  • 1x Part Time Administrator
  • 1x Full Time Receptionist / Administrator
  • 1x Contracted IT Manager
Reason for sale

Principal unwell and looking for successful sale / integration of the Firm.

North East Victoria / Southern NSW

Turnover

$440,000

Description
  • 2x Partners
  • 1x Full Time Office Manager
  • 1x Part Time Bookkeeping / Administration
Reason for sale

1 Partner preparing to transition into retirement. 1 Partner would like to reduce working hours.

Northern Inner City Suburb, Melbourne

UnderContract
Turnover

$320,000

Description
  • 1x Principal
  • 1x Full Time Accountant
Reason for sale

Principal want to concentrate on providing migration services and slowly transiting to retirement.

Inner Southern Suburbs, Brisbane

Turnover

$600,000

Description
  • 1x Principal
  • 3x Permanent Part Time Accountants
  • 1x Permanent Part Time Administration Support
  • x Suitable buyer is someone who has experience with large corporate clients.
Reason for sale

Owner wanting to transition into retirement.

Eastern, Melbourne Financial Planning Firm

Turnover

$598,000

Description
  • 1x Principal Advisor
  • 1x Contract FP Staff
Reason for sale

One partner is transitioning to retirement over the 3 to 5 years. The other partner intend to work full time for another 7 years and then reduce hours and transition into retirement over 5 years.

Eastern Suburb, Melbourne

Turnover

$916,000

Description
  • 2x Partners
  • 2x Full Time Accountants
  • 1x Full Time Administrative Assistant
  • 1x Part Time Administrative Assistant
  • 1x Full Time Receptionist / Admin Assistant
Reason for sale

One partner is transitioning to retirement over the 3 to 5 years. The other partner intend to work full time for another 7 years and then reduce hours and transition into retirement over 5 years.

Hunter Region, NSW

Turnover

$797,000

Description
  • 1x Principal
  • 1x Contract Accountant
  • 1x Contract Auditor
  • 1x Full Time Bookkeeper
  • 1x Full Time Receptionist / Administration
Reason for sale

Owner wanting to retire

City Fringe, (South East of Melbourne)

Turnover

$1,600,000

Description
  • 2x Partners
  • 3x Accountants
  • 1x Practice Manager
  • 1x Receptionist
About the Firm

We are a Accounting Firm that endeavours to go beyond the traditional accounting framework to achieve the best commercial solutions for our clients. We strive to do this with integrity and professionalism, along with leveraging the 20+ years of experience we have collected as an Accounting Firm. We become an integral part of our clients business and form a genuine and reliable partnership in business with our clients. The introduction of the best practice principle in the way we care for our clients allows us to best service the broad needs of each of our clients.

Ideal Firm

We are wanting to merge with another firm that has 2 – 3 partners, with ~$800k in revenue per partner. Your firm would ideally have someone within to promote up to becoming a partner and replace one of the partners listed here wanting to exit over the next 2-3 years. The ideal firm would be able to accommodate a diversified practice, and offer great Accounting Services to its clients.

Reason for sale

Firm wanting to merge for a later sale

Inner South Suburb, Melbourne

UnderContract
Turnover

$200,000

Description
  • 1x Full Time Principal
  • 1x Part Time Accountant
Reason for sale

Principal wanting to reduce work hours.

Inner Suburb Melbourne

UnderContract
Turnover

$4,400,000

Description
  • 4x Partners
  • 2x Consultants
  • 18x Employees
Reason for sale

2 Partners wanting to stay on in the business and 2 Partners wanting to retire.

Western Suburbs / Beach, Adelaide

Sold
Turnover

$248,000

Description
  • 1x Principal
  • 1x Part Time Senior Accountant
Reason for sale

To focus solely on business consulting.

Northern Suburb of Townsville, Qld

FireSale
Turnover

$169,000

Description
  • 1x Principal - Part Time - Client interviews and tax perperation
  • 1x Principal - Part Time - Mainly Admin duties
  • 1x Casual - General office duties
  • x Business could be easily managed by one principal
Reason for sale

Owners are retiring.

South East Gippsland

Turnover

$430,000

Description
  • 1x Full Time Principal
  • 1x Full Time Senior Accountant / Bookkeeper
  • 2x Part Time Accountant / Bookkeeper
  • 1x Part Time Receptionist
Reason for sale

Owner is retiring

Northern Suburbs, Melbourne

Sold
Turnover

$863,000

Description
  • 1x Principal
  • 1x Executive Accountant - Full Time
  • 1x Executive Accountants - 4 Days
  • 1x Senior Accountant - 3 Days
  • 1x Bookkeeper - 4 Days
  • 1x Admin - 2 Days
Reason for sale

Owner is retiring.

Mid Northern Coast NSW

Turnover

$1,338,000

Description
  • 2x Partners
  • 1x Full Time Client Manger
  • 2x Full Time Senior Accountants
  • 2x Full Time Bookkeepers
  • 1x Full Time ATO Liaison officer & Accounting Support
  • 1x Part Time Trainee Accountant
  • 3x Part Time Directors of First Impressions
  • 1x Part Time Office Administrator
Reason for sale

One partner wants to sell, while the other partner will consider selling (for right price) or will stay on and continue with the new owners. If partner stays on only ½ the interest in the business will be sold.

Inner Eastern Suburbs, Melbourne

UnderContract
Turnover

$380,000

Description
  • 1x Principal
  • 1x Full Time Administration Manager
  • 3x Contract Accountants
Reason for sale

Principal is retiring and taking up teaching.

CBD, Melbourne

MergeCompleted
Turnover

$2,000,000

Description
  • 2x Partners
  • 1x Full Time Manager
  • 3x Full Time Senior Accountants
  • 3x Full Time Junior Accountants
  • 2x Full Time Admin
  • 1x Part Time Corporate Admin
  • 1x Full Time Bookkeeper
Reason for sale

Highly profitable firm located in the heart of Melbourne with 20+ years’ experience has a long standing established client base with large advisory and consultancy opportunities. Seeking a part sale / merger and/or both with a likeminded professional practice as part of a short to medium term succession plan for the 2 Partners. Only firms with strong systems and a great culture should enquire.

South East Suburbs, Melbourne

Sold
Turnover

$313,000

Description
  • 1x Principal
  • 3x Part Time Staff
  • 2x Outsourced staff
Reason for sale

Owner preparing for retirement

North East Suburbs, Melbourne

Sold
Turnover

~ 200 SMSF Audit Fees

Description
  • 1x Auditor - 4 days a week. Optional employment
Reason for sale

Firm has decided to outsource its SMSF audits as a strategic change to become more cost effective. Preferable the buyer would also be the firms consultant as the outsourced Audit partner, and be a Financial Planner, as it would be ideal if the auditor could also assist in the potential Financial Planning issues that may arise as well. If this is you, please enquirer.

South East Melbourne

Sold
Turnover

$870,000

Description
  • 1x Principal
  • 1x Full Time Senior Accountant
  • 1x Intermediate Accountant
  • 1x Full Time Bookkeeper
  • 1x Full Time Computer Operator
  • 1x Full Time Reception / Administration
  • 1x Full Time Filing Clerk
Reason for sale

Owner is retiring

CBD, Melbourne

Sold
Turnover

$1,790,000

Description
  • 3x Partners (1 Accounting, 2 Advice)
  • 4x Tax Accountant
  • 1x Office Manager
  • 1x Reception / Administration
  • 2x Fund Administration
  • 1x Portfolio Administration
Reason for sale

2 Partners wanting a succession plan with one partner embracing the next stage of the business.

Outer North West Region Melbourne

Sold
Turnover

$1,100,000

Description
  • 2x Principal Partners
  • 3x Accountants
  • 1x Assistant Accountant
  • 1x Financial Planner
Reason for sale

One Principal wanting a career change, the other open to transitional arrangement that would take him to retirement.

South East Suburbs, Melbourne

Sold
Turnover

$350,000

Description
  • 1x Principal
  • 1x Part Time Accountant / Clerk
  • 1x Part Time Bookkeeper / Clerk
Reason for sale

Principal looking to transition into retirement.

Western Suburbs, Melbourne

Sold
Turnover

$850,000

Description
  • 1x Partner - Equalling 3 Part Time Partners
  • 1x Full Time Senior Accountant
  • 1x Full Time Assistant Accountant
  • 1x Full Time Reception / Admin
  • 1x Casual Reception / Admin
  • 1x Part Time Bookkeeper
Reason for sale

Partners are retiring and move to other industry.

Northern Suburbs, Melbourne

SoldPrivately
Turnover

$1,400,000

Description
  • 1x Principal
  • 1x Senior Manager
  • 2x Tax Accountant
  • 1x Trainee Accountant
  • 1x Reception / Office Accountant
  • 1x Bookkeeper
Reason for sale

Owner transition into retirement

Outer Southern Suburbs, Perth

Sold
Turnover

$940,000

Description
  • 1x Principal
  • 2x Senior Managers
  • 2x Accountants
  • 3x Trainee Accountants
  • 2x Client Service Managers
  • 1x Receptionist
Reason for sale

Owner is moving into another industry

Cairns CBD, Queensland

UnderContract
Turnover

$520,000

Description
  • 1x Principal
  • 2x Full Time Accountants
  • 1x Full Time Receptionist/Bookkeepers
Reason for sale

Owner is retiring

Northern suburbs Brisbane

UnderContract
Turnover

$428,000

Description
  • 1x Principal
  • 1x Full Time Accountant
  • 2x Part Time Accountant
  • 1x Full Time Receptionist/Administration Assistant
  • 1x 1 Casual Office Administrator/Bookkeeper
Reason for sale

Owner preparing to move into semi-retirement.

Southern Suburbs, Brisbane

Sold
Turnover

$387,000

Description
  • 1x Principal
  • 2x Part Time Accountants
  • 2x Part Time Bookkeepers
  • 1x Part Time Admin
  • 1x Part Time Admin/Bookkeeper
  • 1x Part Time Receptionist/Bookkeeper
  • 1x Part Time Receptionist/Traineeship
Reason for sale

Owner is semi-retiring