A new practice for sale has been added to Practice4Sale. This practice is a Loan Book Mortgage Trail. For more information on this opportunity, visit our website and search for Practices For Sale.
The abstract of the listing reads as follows:
"A rare opportunity to purchase a mortgage trail book this is a perfect bolt on acquisition to a financial planning practice or accounting practice."
The NSW State Government had planned to abolish mortgage duty on business transaction by July 1, 2012. However, at yesterday's budget announcement this has now been deferred until 2013. If you're buying or selling a business in NSW, it is important that you speak to your solicitor and/or adviser about how the changes are likely to impact you.
A new Tax/Accounting Practice has been added for sale to Practice4Sale. This practice is located in Melbourne, in the eastern suburbs and is titled: "High Quality Tax/Accounting Practice". For more information, visit Practice4Sale.com.au.
A new pharmacy for sale has been added to Practice4Sale in NSW. The pharmacy is located in NSW and is titled: "Large Pharmacy For Sale in NSW in Booming Town". For more information on this pharmacy for sale, visit Practice4Sale.com.au.
This is an established boutique practice in an attractive upscale Melbourne location. It comes with a stable fee base and long term clients who are easy to work with. The practice generates strong profitability (59% before owner remuneration in FY25) with well managed WIP and debtors. The Principal only works 20 hours per week and is supported by one senior accountant who works four days. The practice is easily relocatable and there is no requirement to take over a lease. There is also a small financial planning component with c.$20k revenue.