This week, three Accounting Practices For Sale were added to Practice4Sale by one of our subscribers. An alert was posted to registered accountants on our website and a resounding 36.17% of respondents clicked through to the advertisements! What a result!
We have had great success with Accounting Practices advertised on the site and advertisers often receive their first enquiry within 15 minutes of loading it onto the website. Our website also regularly ranks highly on search engines when searching for Accounting Practices For Sale.
There are currently a number of Accounting Practices listed for sale on the site and demand for more is strong from our database of buyers.
If you would like assistance in selling your practice, or would like to discuss how our site works, please call us on 03 9853 7452. We look forward to assisting you and your broker in the sale of your Accounting Practice.
Do you need further assistance?
If you require further assistance, or would like to discuss what's required to sell your business, Contact Us.
The pharmacy market continues to present opportunities in both Metropolitan and Rural locations. A new addition to the site has been a Brownfield opportunity in Melbourne. The business has recently been located and is showing strong growth towards its optimum performance levels. A great chance for a first-time pharmacy owner to take the reins of a turnaround opportunity.
This is an established and highly successful practice with a history spanning over forty years, generating fees of c.$3.9 million accounting and c.$1.1 million financial planning. The two major owners are committed to a smooth transition, remaining in the business for a minimum two- and four-years post-sale, while a 24% financial planning equity holder will retain their stake and continue long term. The practice has built a strong reputation on deep client relationships, timely work, proactive tax planning and integrated financial planning, with consistent growth driven by referrals. Profitability is strong at 42% before major owners' remuneration, and WIP and debtors are very well managed, with lock-up days of just 23. The client base is diverse and longstanding, with no material concentration risk the top 20 accounting client groups represent just 13% of gross fees. The team is experienced, maintains direct client relationships, and is engaged and thriving in a positive culture.
