Greater Brisbane

Accounting Practice

ID: 90

$750,000 Fees

This is an established practice less than 30 mins from Brisbane's CBD. The practice comes with a stable fee base and a consistent, strong level of profitability. It enjoys a strong reputation, and the Vendor is well networked, across the visual arts sector (artists and galleries) and in professional services businesses, which provides an ongoing source of referrals. There is no material financial concentration risk with the 5 largest clients accounting for just c.15% of fees. The Principal is supported by a small team who are both capable and experienced. The Practice is relocatable with no expectation to take over the existing location. This opportunity is ideally suited to a firm that can offer clients a range and depth of expertise.

Reason for sale: The Vendor is ultimately transitioning to retirement and is seeking succession planning to protect their client base, with the intention to continue working with the buyer while mutually viable.