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Gippsland Victoria (ID#277)


$1,450,000 Fees

About Listing

This is an absolutely first class regional practice in an attractive location. It is exceptionally well run and highly profitable. The growing fee base comes from a longstanding portfolio of small business clients with little concentration risk and very few individual returns. With strict cashflow management in place, debtors and WIP are low. The two owners are committed to remaining over the medium term as part of their long term succession plan (one full time and one part time) and are supported by a proactive and capable team. The practice is well situated in modern premises. There are further opportunities for growth through additional services such as business advisory and financial planning as well as maintaining the regular flow of referrals. This would ideally suit an existing regional firm looking to expand or a metro firm looking to establish a regional presence, particularly given there are a number of clients who are serviced by the Directors during visits to Melbourne. 

Reason for sale: The owners are looking to execute a long-term succession plan and transition to retirement while gaining access to additional resources.

Get in touch with Mark or Daniel now.

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