Perth

Accounting Practice

ID: 419

$300,000 Accounting Fees

This is an established boutique practice of 25+ years in an attractive Perth location. The practice comes with a stable base of quality small business and investor/retiree clients, with very few basic I-returns.  Just 14 clients account for 75% of the fees with an average of c.$16,500 per client. The Principal operates on their own and therefore costs are low and profitability very high (94% before owner's remuneration/drawings) with good cashflow from quarterly interim billing. There is no lease to take on, and the practice is easily relocatable across Perth given clients are serviced remotely. This opportunity is ideally suited to an individual or a small firm looking to scale, and who is able to grow the practice alongside the ongoing growth and success of the clients.

Reason for sale: The Vendor, aged in their 60s, is transitioning to retirement.