Toowoomba Queensland

Accounting Practice

ID: 438

$2,150,000 Fees

A longstanding and highly regarded practice in the thriving city of Toowoomba. It comes with stable fees, strong profitability (c.50% before Principals' remuneration over the past four years) and steady growth. The quality client base is diverse, ong-term and has no material financial concentration. The Prinicpals are supported by an experienced, capable and stable team with 20+ years experience  in the practice for two of the senior members. The Practice is considered to be relocatable within Toowoomba but this would need to be well managed. The Principals are committed to facilitating introductions, knowledge transfer, and client retention strategies to ensure a smooth transition to new ownership.There are additional growth opportunities through proactive marketing and additional services including financial services and business advisory. This opportunity is ideally suited to an established local buyer looking to expand or a firm looking to build a presence in Toowoomba, a rapidly expanding regional centre offering strong economic growth and future development potential.

Reason for sale: The Vendors are transitioning to retirement, and a career / lifestyle change.