Practices for sale

We found 5 practices in all categories located in Melbourne - Eastern Suburbs.

Melbourne North Eastern Suburbs $450,000 in fees

Established practice in an attractive location with stable fees and strong profitability. This practice comes with a quality client base that is long-standing and diverse with a focus on small businesses and a track record of successful generational handovers. Only 3% of revenue relates to basic standalone I-Returns. Services include tax returns and financial statements, tax planning, business advisory (BAS preparation, cashflow planning, budgeting, structure advice and set up, ad hoc advice) and SMSF administration for c.30 SMSF's. The Principal is supported by a capable team including a very strong Senior Accountant.

Melbourne Outer South East $1,600,000 in fees

Significant two Principal practice in fast-growing, attractive outer suburb of Melbourne. This practice has a high quality and longstanding client base of SMEs, often with complex structures, and family-run businesses with average fees per client > $6,000. Included in the fee base are c.100 SMSFs with average fees of c. $2,000 -3,000 and ranging in size from c.$400,000 up to $10 million. Profitability is strong and there is scope for further growth with the right purchaser including through improved marketing and online presence and growing the SMSF side of the practice. Clients are serviced by an experienced, capable and proactive team with direct client relationships and a positive culture grounded in family values.

Under Offer

Melbourne Inner East $632,000 in fees

Boutique bookkeeping practice with growing fees, good profitability and well managed debtors. There is a good quality portfolio of just 81 clients with average fees of c.$7,800. Clients are won via a mix of word of mouth (>50%) and practice referrals, with the largest referrer accounting for just 11% of fees. The majority of clients are on fixed fee, paying month in advance by direct debit. The Principal currently works out of an office in the Inner Eastern Suburbs but is supported by a capable local and offshore team who all work remotely and have strong client relationships.

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