Melbourne Outer South-East

Accounting Practice

ID: 479

$3.2m (Accounting $2,600,000 Bookkeeping $600,000)

An established practice with a strong reputation in its local market and a high-quality base of small business clients. Profitability is strong: 56%/54% for accounting / bookkeeping in FY26 before owner's remuneration. In the accounting practice, 160 client groups represent c.63% of FY26 revenue, averaging $10,815, while in the bookkeeping practice, 26 client groups represent c.61% of FY26 revenue, averaging $14,653. Both practices generate healthy cash flow: the accounting practice had lock-up of just 16 days at 30 June 2026, while c.60% of bookkeeping fees are fixed and billed monthly. There is a high level of integration and mutual referrals – c.60% of bookkeeping fees are from clients also served by the accounting practice. The teams are capable and engaged, supported by efficient systems and processes. Upside includes tax planning, quarterly reviews, proactive marketing and more capacity to take on ongoing referrals. This suits a firm seeking accounting scale with an integrated bookkeeping offering.

Reason for sale: The accounting practice owners are transitioning to retirement over staggered timeframes. The 50% co-owner of the bookkeeping practice is looking to continue and is open to keeping equity.