Queensland South East

Accounting Practice

ID: 433

$4,850,000 Fees

A long established and highly regarded suburban practice, attractively located amidst strong population and business growth. The practice comes with a strong track record of organic growth driven by referrals, healthy profitability, and a high-quality base of long-term SME clients. Just 205 clients account for 87% of the fee base at an average of c.$20,000 per client. There is low client concentration risk and major client relationships are dispersed across the senior team. Significant opportunities for further growth include more structured and proactive business advisory, introducing financial planning and better leveraging technology and automation. This opportunity is ideally suited to an existing South-East Queensland firm looking to expand or an interstate firm looking for a platform acquisition to capitalise on further growth opportunities across the region.

 Reason for sale: The Vendor is ready for a change of lifestyle and to hand over the reins to new owners to enable the business’s continued growth and success.