Sydney Bookkeeping Practice (SM#428)

Fees of $450,000

Unique bookkeeping practice with a metro Sydney client base who are fully serviced remotely. With just 46 clients, all on fixed monthly fees, this practice has transformed its profitability and built an efficient cloud-based operation supported by a fully functional self-sufficient and scalable offshore team. The practice dose not provide tax compliance or financial planning services offering significant upside opportunities. The efficiency of the operations and quality of the team allows the husband and wife vendors to be based in New Zealand and work 0.6 FTE in total.

Reason for sale: Vendors are looking to sell due to relocating to NZ for a change of lifestyle.