A new SME Accounting Practice has been added for sale in NSW. The practice, titled "SME Accounting Practice" has approximately 500 clients and annual fees of approximately $750,000. For more information on this listing, visit practice4sale.com.au.
A new SME Accounting Practice has been added for sale in NSW. The practice, titled "SME Accounting Practice" has approximately 500 clients and annual fees of approximately $750,000.
The abstract of the listing reads: "Well established very busy north shore accounting practice specialising in SME market and high net worth individuals. Established 30yrs with approximately 500 clients (many long standing) annual fees of approx 750k."
If you have an accounting practice for sale, consider listing it on Practice4Sale. We've been overwhelmed with demand for accounting practices throughout Australia! Listings costs $100 and are valid until the practice is sold.
A new pharmacy for sale in a single pharmacy town has been added to Practice4Sale. The pharmacy is located in North-East Victoria and is also offering the freehold property as part of the sale. For more information, visit Practice4Sale.
Following the change in the Pharmacy Location Rules many pharmacists have been concerned that these changes will have a detrimental impact on the value of pharmacies. These concerns have been fuelled by industry rumours also hinting of drops in pharmacy values. However in the majority of cases, there is no correlation between Pharmacy Approval Number values and the value of a pharmacy as a going concern. In response to these rumours, Medici Capital has released a piece to address the myths present in the industry.
2 new pharmacies for sale outside Melbourne. These businesses are well established within the community and provide a fantastic opportunity for an experienced pharmacy owner looking to establish or expand on their current pharmacy portfolio. Visit www.practice4sale.com.au for more information.
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.