Northern Victoria

Accounting Practice

ID: 426

$740,000 Fees

This is an established practice in an attractive regional lifestyle location with limited competition. It comes with a loyal and long-standing client base, including a high wealth cohort.The practice is highly profitable (68% before owner remuneration in FY25) and has taken steps over recent years to jettison low return and high maintenance clients. The Principal is supported by a local team with strong client relationships beyond work, who are part of the local community. Opportunities for further growth include more proactive brand building in the region, regular enquiries from potential new clients - including referrals - as well as additional services such as financial planning. This practice would suit a buyer who is starting up, or a firm looking to expand in the area.

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