Practices for sale

An established and well-run boutique bookkeeping practice operating on Xero and Ignition. It generates strong profitability and cash flow with monthly billing, very low debtors and no WIP carried. The client base consists of long-term, easy-to-work-with SMEs, and the seller is supported by a small team who know their roles and work with minimal supervision. While the clients are Melbourne-based, the practice is 100% online with all team members working remotely. Therefore, it could potentially suit a buyer anywhere in Australia. This opportunity is ideally suited to an existing bookkeeping firm looking to expand or an accounting practice looking to enter or grow this service offering.

Operating for over 25 years with a stellar reputation, this practice comes with an outstanding base of very high-quality and high-profile clients. Just 37 client groups account for c.$3.4m / 89% of FY25 fees. The practice is well run and generates exceptional profitability (59% forecast for FY26 after Owners normalised market remuneration). The practice is on a strong growth trajectory to meet the clients evolving needs and the future opportunities are significant. The ideal buyer will be a highly regarded firm with a significant Melbourne presence who can bring additional capability and scale to support the ongoing growth and success of the clients.