3 new accounting practices have been added to Practice4Sale: New Accounting Practice For Sale: Sydney West; New Accounting Practice For Sale: Southern Highlands NSW; and New Accounting Practice For Sale: New England Area. For more information, visit www.practice4sale.com.au.
Are you considering selling an accounting practice in 2012? Consider listing on Practice4Sale.
With thousands of professional practitioners registered to buy on the site, it is a great way to confidentially list your business for sale.
And with our new Private Listing, you can keep your contact details confidential.
Australia's only online tipping competition for pharmacy begins again in March with the kick-off of PHARMeFOOTY tipping for the Australian Football League and National Rugby League.
Are you considering selling a practice in 2012? Consider using Practice4Sale! We have thousands of qualified users looking for pharmacies, accounting practices and financial planning practices throughout Australia. And our new "List A Practice" wizard makes it even easier to list a practice for sale!
Pharmacy users on Practice4Sale would have received an update during last week relating to Resources for Pharmacy Buyers. In the newsletter, we advised of a number of seminars being held throughout Australia to assist you in preparing for buying a pharmacy or buying into a pharmacy partnership.
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.