Central Victoria

Accounting Practice

ID: 316

$1,600,000 Fees

A long established and well regarded two Partner practice in a growing regional hub. This practice has a strong track record of growth with scope for more in the hands of the right buyer. It generates excellent profitability and has well managed billing and cash flow. The practice comes with a high quality, diverse client base of small businesses with few I-returns. The two Partners are committed to a smooth transition to new ownership, including one who is willing to remain with the purchaser for 2-3 years, and are supported by a capable and proactive senior team who have direct relationships with the clients. There are further opportunities for growth including significant potential to expand business advisory as well as introducing financial planning (currently only informal referral). 

Reason for sale: One of the Partners is selling for health reasons while the other is transitioning to retirement.