National (fully remote)

Accounting Practice

ID: 439

$872,000 Fees

A specialist accounting practice servicing the healthcare sector. This practice comes with a strong industry reputation and deep expertise. The practice has just 116 client groups with average FY25 fees in excess of $7,500 and generated a 41% profit margin before Principal drawings in FY25. The client base is high quality and all are professional business owners operating in a specific healthcare niche. The practice's operations are Xero- and cloud-based. 70% of fees are fixed monthly or quarterly and debtors are low (debtor days of four as at 30 June 2025). The practice works fully remotely and therefore could be relocated around Australia.  Clients are nationwide. There is scope to expand through more aggressive marketing strategies in the healthcare niche and/or diversifying to other allied health professionals, additional services and greater levels of automation. This opportunity is ideally suited to a firm with existing healthcare capability or committed to entering the sector and continuing to build on the existing high levels of service and industry reputation.
Reason for sale: Of the two primary Vendors, one is looking for a career change, while the other is looking to continue as a full time employee without business ownership.

A related bookkeeping practice, where there is some common underlying ownership, is also available for sale - refer ID#459 on DMY website. The practices can be acquired individually or together.