Sydney Eastern Suburbs $1,400,000 in fees
This is an established and well regarded two Principal accounting and audit practice in a great location. The practice comes with stable fees and a high quality and diverse base of clients including small to medium businesses, executives, business owners, family groups and c.70 SMSFs. Profitability is solid and debtors well managed. Audit fees are c. 25% of total fees and primarily include companies and not for profits. The Principals are supported by a proactive, capable and longstanding senior team with good client relationships. The Principals have not been taking on regular referrals in recent years and there remains good scope for further growth with the right buyer.