Gold Coast - Qld

Accounting Practice

ID: 405

$740,000 Fees

This is an established practice in an excellent location at one of the Gold Coast’s leading shopping centres. The practice has delivered strong revenue and profit growth over the last four years from a growing client base. There is no material financial concentration risk with the 20 largest clients c.20% of fees. Debtors are well managed with debtor days of 23 as at 30 June 2025. The Principal is supported by a small, capable team. There are opportunities for increased profit as the practice has just started to charge for certain services (eg ASIC returns) and efficiencies expected with recently implemented BGL software for SMSFs (55 SMSFs serviced). There is also scope for additional services given the nature of the client base including financial planning and mortgage broking. This opportunity is well suited to a buyer who can bring additional capacity and services to support the growth potential of its location.

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