Just Listed

Accounting Practice

Mornington Peninsula

$415,000 Accounting and Bookkeeping Fees

More About This Listing

Just Listed

Accounting Practice

ID: 258

$415,000 Accounting and Bookkeeping Fees

This is an established and reputable one Principal practice in an attractive location. The practice comes with a stable fee base including long standing small business clients (67 clients generate 90% of revenue) and has limited local competition. There is a strong track record of profitability and WIP and debtors are both very low. The Principal is supported by an experienced and productive small team with good direct client relationships. There is potential for further growth capitalising on the strong local reputation.  This opportunity would be well suited to an an individual, a small practice looking to grow, or potentially a larger firm that is culturally aligned.

Reason for sale: The Vendor, aged in their 50s, is transitioning to retirement.

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