Practices for sale

We found 29 practices in all categories located in Victoria.
LISTED THIS WEEK

Inner Melbourne Bay side Branded Pharmacy up for sale

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.

LISTED THIS WEEK

Victoria (Fully Remote) Finance Function and Bookkeeping $1,375,000 in fees

This is an established one Principal Finance Function and Bookkeeping practice with a strong reputation and deep expertise in the not for profit (NFP) sector. The practice has experienced exceptional growth driven predominantly by word-of-mouth referrals and comes with a quality base of just 54 clients with average fees > $20,000.The team are proactive and capable with good client relationships. There is significant potential for further growth given limited competition in the NFP sector and strong demand for finance function and bookkeeping support. The fully remote nature of the practice (client servicing and team working) means there is no geographical limitation to adding additional clients or team members and also opens up the opportunity to buyers across Australia.

Mornington Peninsula $595,000 in fees

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.

Melbourne $650,000 in fees

This established family office practice caters for a range of families and private clients who have created successful businesses and Investments, and has a reputation for trusted relationships and a high level of service to meet clients complex needs. There are just 15 client groups with average annual fees of c. $45,000 plus significant opportunity for additional regular one off work. The practice also holds a retail AFSL license which can potentially be offered to the Purchaser as part of the sale. Profitability of the practice is strong driven by higher fee generation strategies and a lean cost base. The Principal is supported by an experienced, capable team with direct client relationships who are available to transfer to the purchaser, and the practice is easily relocatable with no requirement to take on a lease.

Under Contract

Small strip pharmacy and Post Office in the inner eastern suburb of Melbourne

A rare to find a pharmacy on the strip in the inner eastern suburbs of Melbourne that has obvious potential. This pharmacy and combined Post Office are on a high exposure strip where new business is being developed around the pharmacy including a medical centre.

Under Offer

Melbourne (Fully Remote) Bookkeeping $565,000 in fees

This established bookkeeping practice is fully remote and highly relocatable. It has a consistent track record of growth and strong profitability from a loyal and diverse client base Just 56 clients make up >98% of FY24 fees with an average of c.$10,000 per client. The practice is fully cloud-based, uses Xero and runs efficiently enabling clients in a diverse range of locations to be serviced by a team who work from home. The Vendor is committed to a smooth transition and is supported by an experienced, stable team providing high quality services with direct client relationships.

Under Offer

Melbourne (Fully remote) Bookkeeping $335,000 in fees

This established boutique bookkeeping practice is fully remote and could, in theory, be run from anywhere. It has experienced strong growth predominantly through word-of-mouth referrals. C.60 clients make up > 95% of fees with an average of c.$5,500 per client, and all are on monthly retainers. The practice is well run with healthy profitability and a consistent and efficient way of working that is embedded with clients when they start. The Vendor only works part-time and is supported by a proactive and capable team who manage clients directly.

Under Offer

Central Victoria $1,600,000 in fees

A long established and well regarded two Partner practice in a growing regional hub. This practice has a strong track record of growth with scope for more in the hands of the right buyer. It generates excellent profitability and has well managed billing and cash flow. The practice comes with a high quality, diverse client base of small businesses with few I-returns. The two Partners are committed to a smooth transition to new ownership, including one who is willing to remain with the purchaser for 2-3 years, and are supported by a capable and proactive senior team who have direct relationships with the clients.

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