A rare opportunity to acquire / merge with a leading Sydney CBD-based accounting practice. The owners work in the business and are committed to a smooth transition to new ownership over the medium term with one looking to continue long term and open to retaining equity. They are seeking a sale / merger to facilitate succession planning, enable the delivery of greater value to clients and provide more career opportunities for the team.This is an excellent opportunity to take on a first-class client base and experienced team that would suit either an existing Sydney practice looking to scale up or a reputable interstate firm wanting to enter the market.
This established one Principal practice has been over twenty years in its current attractive location. Fees are very stable and profitability healthy. The client base is diverse and longstanding with no industry dominance or concentration risk. The Principal is supported by a stable and capable team with direct client relationships. Further opportunities exist through proactive marketing in adjacent untapped industrial and residential areas and additional services such as business advisory. This opportunity is ideally suited to a younger practice looking to scale up or a larger, established firm looking for a straightforward tuck in.
This established family office practice caters for a range of families and private clients who have created successful businesses and Investments, and has a reputation for trusted relationships and a high level of service to meet clients complex needs. There are just 15 client groups with average annual fees of c. $45,000 plus significant opportunity for additional regular one off work. The practice also holds a retail AFSL license which can potentially be offered to the Purchaser as part of the sale. Profitability of the practice is strong driven by higher fee generation strategies and a lean cost base. The Principal is supported by an experienced, capable team with direct client relationships who are available to transfer to the purchaser, and the practice is easily relocatable with no requirement to take on a lease.
Modern practice with Xero servicing business clients. All client meetings on teams. Local staff work from home assisted by an overseas team.
This exceptional bookkeeping practice generated $3.11m in Gross Profit FY24 and produced a normalised EBITDA of $1.2m after a market remuneration for the Director of $40k, (prorated for one day per week).
Located in the northern suburbs of Brisbane. This sole practitioner firm has a strong trading history with a loyal following of business clients.
A rare opportunity to acquire / merge with a leading Brisbane-based accounting practice. The owners work in the business and are committed to a smooth transition to new ownership with two of them to continue long term and open to retaining equity. They are seeking a sale / merger to facilitate succession planning, enable the delivery of greater value to clients and provide more career opportunities for the team.This is an excellent opportunity to take on a first-class client base and experienced team that would suit either an existing South-East Queensland practice looking to scale up or a reputable interstate firm wanting to enter the market.
Quality practice with cloud based software and Business clients through to $30K in size.Good structure of staff
Well established expanding practice with clients through to $20K in fee size and a strong spread of Business clients in the age groups of 30ies - 50ies.
This established bookkeeping practice is fully remote and highly relocatable. It has a consistent track record of growth and strong profitability from a loyal and diverse client base Just 56 clients make up >98% of FY24 fees with an average of c.$10,000 per client. The practice is fully cloud-based, uses Xero and runs efficiently enabling clients in a diverse range of locations to be serviced by a team who work from home. The Vendor is committed to a smooth transition and is supported by an experienced, stable team providing high quality services with direct client relationships.
Under Offer
A great opportunity to purchase a very modern Gold Coast practice generating $1M in fees from a client base consisting of business clients only. The practice operates efficiently with streamlined systems, including cloud-based Xero software for seamless management. The open plan, modern premises are available for lease, offering ample building and off-street parking facilities.
Strong long established practice with modern efficient systems and Xero and XPM. Large quality clients through to $80K in fee size and 60% of the fee base sits Above $10K in fees. Located in a mid-range suburb in spacious modern commercial premises with good on-site parking . There is a strong team of staff who just need a capable leader to replace the retiring practitioner.
Tax Return practice with 45,000 clients on their ATO portal. This is not a franchise. Established several years with a solid team of Tax Interviewers. Returning high profits.
This high quality and established practice is in an attractive central Sydney location. There is a first class, long standing client base which generates growing fees and consistently strong profitability. The practice is also recognised as an industry leader in an attractive sector with regular ongoing referrals. There are two highly experienced Partners committed to a smooth transition and supported by a capable team with strong client relationships. One of the Partners is open to remaining for up to 18 months in a flexible capacity while the other is open to continue over a longer period part-time to help continue to grow the client base in a rain-maker role.
Quality practice in Maroochydore with 50% of its fees in the $10K - $40K fee bracket. Only 300 clients in total . Modern practice with efficient systems and all cloud based software Xero.Good team of Accountants and Admin staff. Excellent premises with on-site parking.This practice has been in operation for many years. The current owner is selling to retire but is handing over a practice that is poised to handle substantial growth.
This established boutique bookkeeping practice is fully remote and could, in theory, be run from anywhere. It has experienced strong growth predominantly through word-of-mouth referrals. C.60 clients make up > 95% of fees with an average of c.$5,500 per client, and all are on monthly retainers. The practice is well run with healthy profitability and a consistent and efficient way of working that is embedded with clients when they start. The Vendor only works part-time and is supported by a proactive and capable team who manage clients directly.
Established 2 partner practice with a quality base of business clients.Located in a high growth corridor. Modern offices ideally located in the CBD with ample parking for staff and clients.Current lease has expired and is on a month-to-month basis. The property owner is open to a long-term lease alternatively the practice can be easily moved within the general area. Limited concentration risk with the firm focused on small business across all industries with no fees exceeding $20k.Large number of SMSFs.Stable staff with an average of 5 years tenure who all live in the local area.Strong opportunity for growth with partners having to previously close to new clients.Partners committed to smooth transition and wiling to stay 12 + months.
Long established practice with a mix of Individuals and Business clients through to $20K in size. Current owner has done the cloud transformation and there are strong efficient systems in place. Solid Staff structure of experienced Accountants and strong Admin staff. Most clients are in their 30ies, 40ies, 50ies and are growing their businesses.
Well established practice to the region with strong client base and solid staffing. Cloud based systems. The Vendor is selling to retire and will provide a solid handover to the purchaser.
This established one Principal accounting practice is in an attractive suburban location and offers a stable base of clients that continues to see growth. Profitability is healthy and the practice is well run with low WIP following a migration four years ago to Xero and Practice Ignition. There is little concentration risk amongst the clients with the top five representing only c.10% of total fees. The groundwork has been completed in introducing bookkeeping to existing and new accounting clients which is an opportunity for further growth as are financial planning and lending. The Vendor is committed to a smooth transition to new ownership and is supported by a capable and experienced senior accountant.
