Practices for sale

We found 28 practices in all categories located in Victoria.

Melbourne Outer South-Eastern Suburbs $740,000 Accounting fees and $270,000 FP fees

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.

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 Contract

Strip pharmacy in Melbourne bay side with great profit and upside!

A great community pharmacy close to Coles and many other retailers in the bay side area of Melbourne offers excellent potential to improve on an outstanding base that includes:Sales of $1,400,000 approx., Great GP, Rent around $22kand adjusted profit of $272k after deducting Ratts and most of NostraData.

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.

Under Contract

Vic North East $396K

This well established practice of 17 years moved to operating remotely but services clients with scheduled face to face meetings in Regional North-East Victoria. The staff live locally but work from home. The client base is strictly business and agri business clients only and all systems are cloud based.

Under Offer

Melbourne South East Suburbs $1,163,000 in fees

Established practice in an attractive location with excellent industry reputation. This practice has a strong record of organic growth and a high quality base of long-term primarily small business clients with very few simple I-returns. Fees are split 60 / 40 accounting and bookkeeping. The practice is efficiently run and debtors well managed. The Vendors are committed to a smooth transition and supported by a proactive and capable team with good client relationships.

Under Offer

Regional Victorian City $1,350,000 in fees

Established one Principal practice with high quality and long standing client base of mainly small businesses. The practice has good profitability and a strong track record of growth. The Principal has built and empowered a capable team who are pro-active, trustworthy and responsible. Multiple client touchpoints are in place to facilitate a smooth transition. Further growth opportunities include expanding services and adding new ones such as business advisory and financial planning.

Under Offer

Gippsland Victoria $1,850,000 in fees

Established three partner practice with a long history and strong ties to the local community. This practice has high quality clients with minimal concentration risk, stable fees and a reputation for honesty and integrity. The Partners are supported by an experienced, capable and longstanding team with strong client relationships, and systemised and well set up procedures to manage workflow. The Partners are committed to supporting a smooth transition with two of the three looking to continue with the purchaser over the medium term. This is a rear opportunity for a purchaser to scale their existing Gippsland business or enter an attractive new regional market.

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