Practices for sale

Practitioner wanting to retire. $440,000 in fees. Practice uses Handitax and BGL. Must take over lease on the Premises.

This exceptional accounting and business advisory practice is expected to generate $1.3m in total income in FY25(E) and produce a normalised EBITDA FY25(E) of $325k, after a market remuneration of $200k. Over the last 28 years, the principal has built an extremely loyal client base with the practice based in the outer southern suburbs of Melbourne.

The owner of this branded pharmacy has decided to sell and focus on her very young family. In turn it presents an excellent opportunity to secure this solid branded pharmacy. Based in the inner bay side area of Melbourne it is very accessible and presents as a great opportunity.

This long established one Principal accounting practice of 25 years is in an attractive location and has a strong reputation in its local market. The practice has grown consistently driven by referrals and has recently added a bookkeeping service which generates just over 10% of fees. Profitability is solid and there is a quality client base of long-term primarily small business clients and several multi-generational family groups. WIP and debtors are both well managed. The Principal is supported by a proactive, multi-skilled and capable team with good client relationships who are available to transfer to the purchaser.

Vendor looking at stepping back. Very streamlined practice with excellent support staff.

Quality practice with cloud based software and Business clients through to $30K in size.Good structure of staff