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Recent Practices

Western Sydney $345,000 in fees

This is an established one Principal practice of nearly twenty years in a thriving part of western Sydney. It comes with a stable base of long term clients generating healthy profitability. 92% of FY24 revenue is derived from 59 client groups at an average of $5,800 per client. The Principal works less than full time and is supported by a capable team of local and offshore staff with established work procedures. The practice is based out of the Vendor's home and is readily relocatable across western Sydney, and potentially beyond. There is scope for further growth through marketing and additional services such as estate planning, business advisory and software implementation. This opportunity would suit an individual or an existing firm with the capability to grow the practice and add more value to clients.

Melbourne Eastern Suburbs $650,000 Accounting and $160,000 Financial Planning fees

This is an established and reputable one Principal practice in an attractive location in Melbournes Eastern Suburbs. The Vendor is looking to sell 100% of the accounting practice and 50% of the financial planning practice. There is a stable base of accounting fees generated from a long standing client base including second generations of client families, with no material financial concentration risk. The financial planning offering is fully integrated with the vast majority of the 42 financial planning client groups being accounting clients. Total Funds Under Management (FUM) are c. $112 million with average FUM per client of c.$2.6 million. The Principal is supported by an experienced team with good direct client relationships. There is potential for further growth including more proactive marketing and expanding financial planning. This practice would be ideally suited to an accounting practice or individual looking to grow a practice with financial planning attached.

Regional South Australia Opportunity

This outstanding accounting and wealth management business, with expected fees of $2.68 million for FY25(E), has been thriving for over five decades. Located in the Adelaide Hills, the practice is celebrated for its dedicated and professional team that consistently delivers exceptional service to its loyal clients. In 2009, the establishment of the wealth management arm expanded the range of top-tier services offered by the practice.

Sydney South Eastern $1,050,000 in fees

This is is an established and reputable one Principal practice in an attractive location. The practice has delivered a strong and consistent track record of growth driven by word-of-mouth referrals and has a good level of profitability. There is a base of loyal, long-term clients including c.60 SMSFs and a large cohort of individual tax return clients who are well prepared, low maintenance, and pay on the spot. Operations are efficient and the practice utilises Xero. The Principal is supported by a capable and collaborative team with good client relationships. This practice would be ideally suited to an individual or an existing practice comfortable with individual clients and/or with a financial planning offering.

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