Western Australia

Accounting Practice

ID: 278

SOLD

Established and highly regarded SMSF Administration Business of 19+ years. The practice has stable fees, well managed debtors and strong profitability. The client base is loyal with 64% of clients sourced directly - predominantly through word of mouth - and ongoing referral relationships with a number of accounting firms and financial advisors. (The largest referrer accounts for only c.13% of fees). The Principal is committed to a smooth transition to new ownership and is supported by a longstanding and capable team who have good client relationships. This includes a Senior Accountant, also a Registered Tax Agent, who is open to taking on equity and remaining long term.

Reason for sale: The Vendor is transitioning to retirement.