South Australia Regional

Accounting Practice

ID: 285

Fees of $1,100,000

Long established two Partner practice in a growing agricultural, retail and industry-based area with an excellent local reputation and limited competition. This practice has stable fees and a loyal and diverse client base of primarily small businesses with few individual returns. Profit generation is strong and debtors are well managed. Both Partners are committed to supporting a smooth transition to new ownership and are supported by a team who all live locally. This is a fantastic lifestyle opportunity for anyone looking to relocate to a vibrant community in a beautiful location and/or an Adelaide firm (or beyond) looking to grow a regional presence.

Reason for sale: The two equal Partners, in their fifties and early sixties, are transitioning to retirement. One Partner would like to continue for a maximum of two years on a part time/casual basis while the other Partner would like to continue for 7-10 years and retain a material level of equity within the practice.