Mandurah WA

Accounting Practice

ID: 360

$430,000 Fees

This is a long established practice attractively located in WA’s largest regional city, with a strong lifestyle appeal.  It comes with stable fees from long standing clients and brings no material financial concentration risk with the largest 20 clients accounting for less than 20% of fees. The Principals are supported by an experienced and capable team. The practice is relocatable within the Mandurah vicinity with no requirement to maintain the current  office, although it is available to lease or purchase if desired. It has been run as a lifestyle practice -  a more driven buyer can capitalise on opportunities including additional clients (currently being turned away), increasing pricing over time, and additional services including bookkeeping. It is well suited to an individual looking to start off or scale up, or a small firm looking for a straightforward tuck-in.

Reason for sale: The Vendors, aged in their 60s, are transitioning to retirement and travel.