We found 5 practices in all categories located in Melbourne - Southern Suburbs.
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).
Under Contract
A rare find to secure a pharmacy in prime corner location in the inner S/E suburbs of Melbourne. The pharmacy trades well with excellent GP above 37% and reasonable rental under 5% of sales providing a strong bottom line of above $220,000 after all costs. Add to this the Post Office that generates an estimated additional $60,000 approximately and you have a great business.
Small accounting firm, ideally suit a Practitioner starting out.
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.
