This exceptional accounting and business advisory practice is expected to generate $3.3m in gross profit and a normalised EBITDA $1.08m FY25(E). Established in the late 1960s, the business has move through different partnership arrangements, to lead into todays structure, which is owned by two partners, who are both Directors.
Small established practice with mix of individuals, partnerships, companies & some SMSF (no advice). Principal plus 3 part-time & casual employees. Fees LY $249k.
This firm is well established in a great location suited to those looking for a lifestyle change. The Client base ranges from Individuals through to Business Clients of $25K. Vendor selling to retire but could stay on as an employee for an extended period.
Since purchasing the pharmacy (2018) the current owners have increased sales by approximately 21% and reduced hours.
You will not find a better first pharmacy, it is near doctors and in a great community that is close to a regional town.
Don't let this one slip away, enquire NOW
Stop press - Norfolk Island to be part of the Australian income tax regime effective 1 July 2016. This presents a fabulous opportunity to either buy in as a partner or buy outright a long established and respected small Chartered Accounting and Secretarial practice on beautiful Norfolk Island.
Are you looking to buy or sell a pharmacy? Then make sure you consider the value of your business.
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