Melbourne - South Suburb

Accounting Practice

ID: 226

Fees of $1,320,000

Established two Partner practice operating for over thirty years. Boutique client base of c.150 long standing High Net Worth Individuals and families, with average fees of over $8,000. The Vendors are committed to support a smooth transition and willing to work for several years to make this happen. A strong cultural fit is paramount and the ideal purchaser will be an established and conservative multi-disciplinary practice, with a track record of working with High Net Worth Individuals and adding value to clients without overtly trying to sell additional services. This sale is a great opportunity for the right purchaser to take on a client base with significant ongoing intergenerational change, and scope for additional services including wealth management over the medium term. The purchaser will ideally take over the existing lease (premises owned by Vendors), at least for the first 12 months.

Reason for sale: The Vendors are at retirement age.