Melbourne South East

Accounting Practice

ID: 455

$480,000 Fees

Part of an established and well-known practice in a longstanding and attractive location. The Vendor is one of three practitioners operating independently but under a common brand with a shared back office (managed via a separate service entity). The Vendor has achieved a steady track record of fee growth and very high profitability (76% before Vendor remuneration in FY25). Debtors are also well managed. There are a diverse mix of long-term small business clients with minimal concentration risk. Clients are well trained, making workflow smooth and easy to manage which is supported by a very experienced administration team. The Vendor only works four days per week and takes five weeks annual leave. Further opportunities include building capacity to take on more work and business advisory. This opportunity is ideally suited to an individual buyer with an existing small parcel of fees looking to grow, who still wants to retain control but benefit from shared back office support.

 Reason for sale: The Vendor, aged in their 50s, is wanting to retire and moving to rural Victoria.