North West Sydney

Accounting Practice

ID: 320

Fees of $560,000

An established accounting practice in an attractive location at the heart of a thriving business community. The practice has a strong track record of growth through SME referrals and a high level of profitability. The small business client base is younger (90% < 50 years old) and comes with minimal concentration risk and few basic I-returns. The practice is readily relocatable with no requirement to maintain the current premises. The Vendor is committed to a smooth transition to new ownership and is supported by an accountant who is available to transfer to the new owner. There are numerous opportunities for further growth including capitalising on word-of-mouth referrals with additional resources, expanding business advisory, bookkeeping, and mortgage broking. This would ideally suit an established firm looking for a straightforward tuck in or a younger owner starting out and looking for a great client base as a platform to expand further.

Reason for sale: The Vendor, aged in their thirties, is looking to change careers and move into another industry.