Sold

Accounting Practice

Perth

Fees of $835,000

More About This Listing

Sold

Accounting Practice

ID: 271

Fees of $835,000

Established two Partner accounting practice in an attractive location. This practice has stable fees and excellent profitability. It comes with a long standing and high quality client base of mainly high net worth individuals and businesses with very few standalone I-returns. Just 80 clients deliver 97% of the fees, while 40% of fees are derived from Australian residents who have migrated from mainland China. The Partners are committed to a smooth transition and are supported by a capable team who have strong client relationships. There is scope for further growth from the existing client base from additional services and due to regular intergenerational change with younger clients coming through the ranks.

Reason for sale: The Vendors, aged in their late fifties and late sixties, are transitioning to retirement.

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