South Eastern Suburbs Pharmacy - Melbourne
This pharmacy has great exposure on a popular shopping strip located next door to a supermarket.
This pharmacy has great exposure on a popular shopping strip located next door to a supermarket.
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.
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.
A great combination of a Branded OTC sales combined with a bulk billing medical centre located in the highly sort after inner eastern suburbs of Melbourne is a rare opportunity in todays market.
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.
Are you looking to buy or sell a pharmacy? Then make sure you consider the value of your business.
Find Out More ▸Advertisements on Practice4Sale cost only $120 and will not expire until you have sold the practice for sale.
As a new feature on Practice4Sale, you can also remain anonymous by keeping your contact information private.
Start Advertising