National (fully remote)

Bookkeeping Practice

ID: 459

$450,000 Bookkeeping Fees

A specialist bookkeeping practice servicing the healthcare sector. This practice comes with a strong industry reputation and deep expertise. The practice has just 63 client groups with average FY25 fees in excess of $8,700 and generates a 34% profit margin with no day to day owner involvement. Clients are educated professionals and happy to pay the fees. They are serviced by a small team of knowledgeable, experienced bookkeepers who can work with minimal supervision. All billing is via monthly direct debit and the practice's use of Xero and niche focus allows for easy to implement and efficient processes and workflows. The practice works fully remotely and therefore could be relocated around Australia.  Clients are nationwide. There is scope to expand through proactive marketing (there is some capacity in the team) and taking advantage of the limited competition in the sector. This opportunity is ideally suited to a firm with existing healthcare expertise and/or used to more complex bookkeeping ie involving multiple structures and dealing with busy professionals.

Reason for sale: The Vendors, aged in their 50s, are wanting to focus on another existing business.

A related accounting practice, where there is some common underlying ownership, is also available for sale - refer ID#439 on DMY website. The practices can be acquired individually or together.