LISTED THIS WEEK
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.
LISTED THIS WEEK
Well established practice to the region with strong client base and solid staffing. Cloud based systems. The Vendor is selling to retire and will provide a solid handover to the purchaser.
LISTED THIS WEEK
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.
LISTED THIS WEEK
This long established boutique practice is in a very attractive, high socio-economic area of Melbourne. Stable fees, low expenses and well managed WIP and debtors all combine to generate consistently high returns. The practice comes with a high quality, longstanding small business and SMSF client base. 85% of the fees are generated by just 86 client groups with average fees of over $3,500 and the largest being c.$10,000. The Vendor is committed to a smooth transition to new ownership and there are further opportunities to grow through additional services such as financial planning and bookkeeping (both currently outsourced).
This exceptional sole practitioner accounting and business advisory practice generated an EBITDA of $325k (after principals market salary of $177k) in FY23, from $1.3m in professional fees.
A well established firm located in the City of Whitehorse LGA with fees circa $700K.
This is an ideal lifestyle, bolt on, or secondary office practice with fees of $380K.
Highly profitable boutique CBD practice with a stable and diversified SME and Investor client base.
Under Offer
An established boutique practice in an attractive part of Melbourne. This practice has very stable fees, consistent profitability and tightly managed debtors. The diverse small business client base is longstanding with minimal concentration risk and few basic I-returns. There are also over 50 SMSF's. The Vendor is committed to a smooth transition to new ownership and is supported by a small team who are available to transfer to the purchaser. There are further opportunities to grow through business advisory, financial planning and more.
This practice can be managed from just about anywhere! This is a uniquely structured highly profitable practice servicing clients predominately in the Victorian Suburbs and rural regions with fees circa $1.2 Mill.
Under Offer
This is an absolutely first class regional practice in an attractive location. It is exceptionally well run and highly profitable. The growing fee base comes from a longstanding portfolio of small business clients with little concentration risk and very few individual returns. With strict cashflow management in place, debtors and wip are low. The two owners are committed to remaining over the medium term as part of their long term succession plan (one full time and one part time) and are supported by a proactive and capable team. The practice is well situated in modern premises. There are further opportunities for growth through additional services such as business advisory an
Small accounting firm, ideally suit a Practitioner starting out.
This long established practice located in Bendigo provides a strong base of Individuals and Small business clients.
This exceptional accounting and business advisory practice generated an EBITDA of $325k (after principals market salary of $177k) in FY23, from $1.3m in professional fees. Over the last 37 years, the principal has built an exceptional, high-quality practice, ably supported by a loyal and professional team.
Established practice in the heart of an attractive and thriving economic area. The practice has a stable client base, with no reliance on any one client or client group, and two key employees who have been with the firm for more than five years. The business premises (not owned by the Vendor) are well situated with space to grow and close to the freeway. Additional growth opportunities include more proactive marketing and additional services such as business advisory.
Integrated accounting and financial planning practice in an attractive location. This award winning practice has a strong track record of growth. Accounting clients are longstanding and have multiple contact points within the practice. The practice is well run with a high quality and stable local team and is fully paperless and cloud-based. Debtors are very well managed with most clients on direct debit. The financial planning practice was established five years ago to meet accounting client needs. It has grown consistently since and has 64 client groups with recurring fees but is still well short of its potential in the right hands.
Under Offer
Opportunity to take over a quality Business client base of large clients where younger generation is taking over the family business. Vendor looking to retire. Staff have good tenure with the practice. Premises available for lease.
Under Contract
Practitioner with quality fee base of $900K is seeking a younger Practitioner to do a phase in/phase out with him over 3yrs. The practice is highly profitable and only has 124 clients. 30% of the fees are in the $30K and upwards fee bracket.
Opportunity to have a rural lifestyle in this attractive small town only 90mins from Melbourne and with good access to the ski fields. The town is expanding with new housing estates to cope with the influx of people relocating to the regional areas. The clients are a mix of primary producers, businesses and individuals.